Latest News - on Oil Trading!

Last week G8 Meet along with India and China requested "Oil Well Nations" to increase production. In response to this, OPEC increased oil production by 5 lakhs barrel to 100 lakhs barrel per day.
In India, Mr. Subramanian Swamy (Leader Janata Party, Tamilnadu) says, its costs only Rs. 22 per litre of petrol production remaining is collected as taxes from People, so govt. can cut short taxes to keep the price low.

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