Tag: crude oil prices

Declines in net oil bills help India, other countries reduce energy subsidies

Newsroom24x7 Desk Hong Kong: Fitch Ratings says that net oil bills have declined significantly for Asia-Pacific sovereigns amid dramatic declines in crude prices since 2013. Asia is the largest crude importer globally, with gross import volumes roughly equivalent to the rest of the world combined. Fitch-rated sovereigns in Asia are all net oil importers, with

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Low inflation, fall in crude oil prices has reduced price pressures: RBI Governor

Newsroom24x7 Desk Mumbai, Jan. 15: Inflationary pressures (measured by changes in the consumer price index) have been easing since July 2014 and the path of inflation, while below the expected trajectory, has been consistent with the assessment of the balance of risks in the Reserve Bank’s bi-monthly monetary policy statements. RBI Governor Raghuram G Rajan

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