Crude oil is an essential commodity for any economy hence the requirement of crude oil has been growing at a rapid pace as the economies grow, which has made India to depend on its crude oil imports. Usually the price of crude oil is invariably much lesser than the imports duties. This study gives an insight to the present condition of crude oil prices, and their imports in India. Data used for this study is Current and Past 10 years. The study finally conclude that the price index of industrial production exchange rate and inflation are found to significant.
IRE Journals:
SHARAD PATEL , RAJPAL SINGH PATEL , SIMRAN KUMARI , PRATHAMESH NADKARNI
"Reason for Historical Fall down in Crude Oil Prices" Iconic Research And Engineering Journals Volume 3 Issue 11 2020 Page 29-30
IEEE:
SHARAD PATEL , RAJPAL SINGH PATEL , SIMRAN KUMARI , PRATHAMESH NADKARNI
"Reason for Historical Fall down in Crude Oil Prices" Iconic Research And Engineering Journals, 3(11)