Yesterday, oil prices drop to historic lows after the extreme collapse in demand. U.S oil prices plunge below $0.NITI Aayog Vice-chairman Rajiv Kumar speaks on this price drop. He says, ‘India to benefit from low oil prices.’
In his tweet, he said, ‘The unprecedented crash in global #oilprices dramatically reflects the -ve impact of the #CoronavirusPandemic on the global #economy. India will be benefited as this hugely dilutes any concerns on BOP front. We can also try & lock onto these low prices for long term advantage.’ Watch the video to know more!
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