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CNN: India is freaking out about rising oil prices

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
yar petrodollar itni asani say nahi jaye ga. jang o jadal ka fasad macha kay hi maray ga yeh manhoos.

however...once it does dies, that means that all the countries who owed debt in dollars become debt free! So there's that light at the end of the light but not after a tremendous bloodshed.
 
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To ab Kia birju apni maan kay kangan girvi rakhwaega?

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


Mujhe To Dar Hai Wo Kahin Apni Maa Hi Na Girvi Rakhwa De!!!!:o::o::o::o:
 
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Jizya Dollar Mein Dena Parh Rahah Hai Aur Dollar Mil Nahi Rahe

Arey sab bhaddiya hai. Ap fikar kyon Karte hai.

Yogi ka yudh shuru ho raha hai tu ye choti moti chezen hoti rehti hai.

Abhi mallu akar bolenge looks da Charts izz goingzz upzz and very good everything.

Pakisyani having group orgies over possible effect of oil priCe increase on indian economy. Apna pichwade ki chinta karo..

Oho shraaapss tu na do

Sab bhaddiya hai. Ham to mazak kar rahe hai. CNN fake News hai
 
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This price rise is costing India $66 million more per day and $2 billion per month. Wow huge hit this will be on Indian economy.
 
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Jis Din Tum Hamari Sites Pe Aa Kar Hamari Chinta Karna Chor Do Ge To Hum Tumhari Chinta Bhi Chor Denge
Site pe to visa leke aaye hain hum..

Arey sab bhaddiya hai. Ap fikar kyon Karte hai.

Yogi ka yudh shuru ho raha hai tu ye choti moti chezen hoti rehti hai.

Abhi mallu akar bolenge looks da Charts izz goingzz upzz and very good everything.



Oho shraaapss tu na do

Sab bhaddiya hai. Ham to mazak kar rahe hai. CNN fake News hai
Tu apne economy ka size dekh miyaan ji..
 
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Khisyani billi khamba niche wali halal lag tahi hai :yahoo::yahoo::yahoo::yahoo: I always enjoy prediction on PDF regarding India
Pakisyani having group orgies over possible effect of oil priCe increase on indian economy. Apna pichwade ki chinta karo..
 
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Let's see the growth rate by year end.
7 percent is decent enough for this year.
I'm sure we can find a way to get Iranian oil.
 
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https://www.upi.com/https:/www.upi....dias-concerns-about-oil-prices/4461526644572/

Riyadh works to allay India's concerns about oil prices

May 18 (UPI) -- India should rest assured that Riyadh will do its part to ensure its economy can move forward in the face of higher oil prices, the Saudi energy minister said.

Saudi Energy Minister Khalid al-Falih said he made a telephone call to his Indian counterpart, Dharmendra Pradhan, to discuss the situation in the global oil market. Crude oil prices are up nearly 20 percent for Brent, the global benchmark, and up 5 percent since last week, when U.S. President Donald Trump pulled out of the Iranian nuclear agreement.

Falih said he offered assurances to the Indian minister following consultations with his colleagues in Russia and the United Arab Emirates, which holds the rotating presidency of the Organization of Petroleum Exporting Countries.

"Minister al-Falih assured Minister Pradhan that supporting global economic growth is one of the kingdom's key goals," a statement from the official Saudi Press Agency read. "He reiterated his commitment towards market stability and that the kingdom together with other producers will ensure availability of adequate supplies to offset any potential shortfalls."

Saudi Arabia is the de facto head of OPEC. Russia is the largest non-member state contributor to its effort to drain a five-year surplus from the oil inventories of the world's advanced economies with coordinated production cuts.

That effort, now in its second year, helped crude oil prices from historic lows in early 2016. Geopolitical concerns stemming from unrest in the Middle East to trade tensions between the United States and China, the two largest economies in the world, helped push Brent toward $80 per barrel, its highest level in nearly four years if it holds.

The possible loss of Iranian barrels has been a recent price supporter.

The price of oil may be approaching the point where it creates headwinds for the global economy, particularly for economies that depend on imports for their oil.

The Reserve Bank of India, the country's central bank, expects growth in gross domestic product this year at 7.3 percent, up from the 6.3 percent growth posted last year. OPEC economists in their monthly market report for May said trade tensions could be a mixed blessing for India. China is its largest trading partner, but India's trade deficit with Beijing has increased as a result.

Year-over-year, Indian imports of petroleum, crude oil and petroleum products increased more than 40 percent, according to economists at OPEC.

Saudi Arabian Oil Co. and French energy company Total in April agreed to build a refinery in India that carries a $44 billion price tag. At its peak, the refinery would be able to process 1.2 million barrels of crude oil per day, making it among the largest in the world.
 
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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.The PNB Scandal Banks Stopped Issuing Credit LoU To Jewelry Maers 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:yahoo::yahoo::yahoo::yahoo:

Har Har Modi Ghar Ghar Modi:cheesy::cheesy::cheesy:

Excellent analysis.
 
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