Question by padhu: Now the petrol and crude oil prices are slashed down. whether it will be remain constant or?
The asian countries inflation is decided mainly on the price of crude oil and petrol. because of that only ,the countries basic needs are fulfilled and if the petrol or Diesel prices are low, then the transportation of the products will be cheap. so global market and also local country market and mainly people are mostly benefited. we wish the crude oil prices will remain low as like before.
Answer by ZK
they won’t remain low forever because OPEC is cutting production. As a result there will less supply which will increase the prices.
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