CNN: India is freaking out about rising oil prices

[RPK]

^^^https://www.ecowatch.com/india-more-renewables-than-coal-2565598027.html

 

[El Sidd]

Indians are a Freak.

Where is @SunilM

 

[BHarwana]

well Russia has its own huge local oil production; they will be largely unaffected by the oil surge.

Russia will make profits from it and huge profits. For Saudis the break even is at $70 per barrel now Saudis are earning $10 surplus. Russians were some where at $63 break even. So it is big money for them. This upset is helping Iran most and if this uptrend continues Iran will earn it's whole years profit in one month.

 

[Dalit]

Indians are a Freak.

Where is @SunilM

Too busy Googling for Pakistani news articles and trying to rescue innocent Pakistanis from evil Chinese investment?

 

[Malik Alashter]

Actually 80$ pb is fair well even more than that is fair.

 

[El Sidd]

Too busy Googling for Pakistani news articles and trying to rescue innocent Pakistanis from evil Chinese investment?

Or watching lagaan as to play Baseball this Time with the yanks.

 

[Dalit]

Indians are a Freak.

Where is @SunilM

LOL they don't even hide their anti-Pakistan collaboration? LOL

 

[Samlee]

Trump just choked India and if oil hits $100 as being anticipated you can say good by to Indian Growth altogether

This Is Today

https://www.bloombergquint.com/glob...reserves-slide-on-rbi-intervention#gs.E2O5QV8

RBI Has Had To Spend $7 Billion Just To Support The Rupee Over The Past Few Weeks

And Still Rupee Has Reached Rs 68

https://economictimes.indiatimes.co...68-after-2-day-gains/articleshow/64225924.cms

 

[BHarwana]

This Is Today

https://www.bloombergquint.com/glob...reserves-slide-on-rbi-intervention#gs.E2O5QV8

RBI Has Had To Spend $7 Billion Just To Support The Rupee Over The Past Few Weeks

And Still Rupee Has Reached Rs 68

https://economictimes.indiatimes.co...68-after-2-day-gains/articleshow/64225924.cms

This shows that Indian economy is taking a dip of great proportion. If things continue to slide in the same way it will get really messy very soon.

 

[Samlee]

Russia will make profits from it and huge profits. For Saudis the break even is at $70 per barrel now Saudis are earning $10 surplus. Russians were some where at $63 break even. So it is big money for them. This upset is helping Iran most and if this uptrend continues Iran will earn it's whole years profit in one month.

It's Just Not About Oil Bro

1.Demonetization and GST Destroyed Indian SMEs and Export Industries Esp..Textile Industries Lost Exports B'Coz They Faced Massive Working Capital Crunch
2.The Beef Ban Laws Impacted Leather and Footwear Exports
3.Trumps H1B Visa Restrictions Have Negatively Impacted India's Flagship IT and BPO Sector
4.After The PNB Scandal Banks Stopped Issuing Credit LoU To Jewelry Makers and Polishers.This Impacted Another Export Sector.
5.Multiple Countries Have Banned Indian Rice On Account Of Excessive Pesticide Use


So It's Not Just About Rising Oil Imports It's Also Falling Exports.Modi Has Done To India What Pakistan Couldn't Do In It's Dreams

Har Har Modi Ghar Ghar Modi

 

[GumNaam]

This shows that Indian economy is taking a dip of great proportion. If things continue to slide in the same way it will get really messy very soon.

bear in mind though, China too is dependent on the oil. But luckily, it has Russia right next to it with a pipeline already running...and their trade is directly in Yuan-Rubbels...bye bye they said to the u.s. dollar.

poor india, no such luck for it.

 

[Samlee]

This shows that Indian economy is taking a dip of great proportion. If things continue to slide in the same way it will get really messy very soon.

It's Election Year As Well I Am Thinking RBI Will Have To Spend Some More Forex Just To Support The Rupee B'Coz Devaluing Rupee Means Mehengai Ka Tufaan

 

[El Sidd]

It's Election Year As Well I Am Thinking RBI Will Have To Spend Some More Forex Just To Support The Rupee B'Coz Devaluing Rupee Means Mehengai Ka Tufaan

I hope they have abdullah shah ghazi the tufaan Stopper.

But India is doomed

 

[Samlee]

bear in mind though, China too is dependent on the oil. But luckily, it has Russia right next to it with a pipeline already running...and their trade is directly in Yuan-Rubbels...bye bye they said to the u.s. dollar.

poor india, no such luck for it.

China Has Stopped Paying In Dollars They Are Offering Yuan Payments Now And Their Gold Backed Futures Exchange In Shanghai Means The Petrodollar Is Gone

I hope they have abdullah shah ghazi the tufaan Stopper.

But India is doomed

No They Have Arun Jaitley The Tufaan Bringer

 

[El Sidd]

No They Have Arun Jaitley The Tufaan Bringer

To ab Kia birju apni maan kay kangan girvi rakhwaega?

Wo to pehle hi Gold for loan ki Scheme me lutt raha hai.