Crude oil prices fell by 9%, palm oil also became cheaper in Malaysia, industrial metals like copper, steel, and nickel have also become cheaper
There has been no increase in the prices of petrol and diesel for about two and a half months now
The war between Russia and Ukraine has opened up huge opportunities for some companies in India
You cannot accurately predict how long crude oil will remain above $100. It is also impossible to tell when the Russia-Ukraine war will end.
The ongoing Russia-Ukraine crises has led to a spike in crude oil prices and will affect India after the election in five states.