Bounce ahead News
Oil price: Bounce ahead?
As economic growth sags to levels unprecedented in recent years across the world,
India
has had some cause for joy from the southward-bound global crude oil prices.
From a high of $147 a barrel as late as July 2008, oil prices shaved-off more
than 70 per cent to skirt around $40 in December.
If erstwhile crude oil bulls are to be believed, then the slide shall
continue, maybe towards the $25-30
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