DEEPAK KUMAR SRIVASTAVA
11 साल 6 महीने पहले
Ideal time to lock long time buy of crude oil.....
India buys a lot of crude on spot basis .This was favourite under UPA as it allowed negotiation of commission to UPA President.
The price of crude is now $ 48/barrel. This is rock bottom price. Most likely it will go up soon.It can not be sustained at this level.
Very quickly India etc should go for long term contarct for next 3 years with these prices as base and a escalation clause.
We should not miss this chance for long tern contracts.
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