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The battle for Asia in crude oil markets: an easier road ahead for India?

Abstract:

Two significant events which occurred in the oil market in 2014 have the potential to reshape India’s historical struggle with oil and fiscal deficits. The first is the complete deregulation of major petroleum products prices and the second is the sharp fall in oil prices amidst a fight for market share in Asia among crude producers, implying importing countries like India are now spoilt for choice and in a far better position to bargain for better prices. Even though the drop in prices is un...

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Publication status:
Published
Peer review status:
Peer reviewed

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Journal:
Oxford Energy Forum
Volume:
99
Issue:
February 2015
Pages:
5-7
ISSN:
0959-7727
Keywords:
UUID:
uuid:3a4d00eb-6622-4888-bc10-230d25f652ca
Deposit date:
2015-04-27

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