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The Crude Oil Price Changes In The Recent Scenario And Its Impact On The Indian Economy, Y. Ebenezer
The Crude Oil Price Changes In The Recent Scenario And Its Impact On The Indian Economy, Y. Ebenezer
International Review of Business and Economics
The crude oil is the major raw material for oil product production in the globalization era. Changes of price will affect country’s economic growth and development. The aim of the study is to examine the Crude Oil Price changes and its impact on the Indian GDP in the recent scenario. To do the same, the study has applied secondary data, statistical tools like chart, the table, graph, correlation and descriptive analysis to show the changes of crude oil price and country’s GDP during the study period. The study reveals that the annual percentage price of crude oil has been increased …