#5 Facts – What Oil Prices

Means To India

15/09/2015

#1 India Is 3rd Largest Oil Importer

In The World After US & China

15/09/2015

#2 IEA Predicts That India Will Burn 4.1mbpd In Q2 2015, Edging Out Japan’s 3.8mbpd

15/09/2015

#3 Every $1 Drop In Oil Prices Pulls

Down Import Bill By Rs 6,900 Crores

15/09/2015

#4 Every $1 Drop In Oil Prices Pulls

Down Government’s Subsidy

Burden By Rs 890 Crores

15/09/2015

#5 Indian Railways Is Likely To Save

Around Rs 5,000 Crore On Diesel Bill

In Current Financial Year

15/09/2015

Source - CommTathya Research desk

- RBI Website

- Thomson Reuters

Edited By – Komal Manapure

15/09/2015

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