Explained | Why are crude oil prices elevated after OPEC+ policy decision and how will it impact India?
Explained | Why are crude oil prices elevated after OPEC+ policy decision and how will it impact India?
The policy decision by OPEC+ led to a spike in international crude prices to their highest in five months. With the spike in prices, benchmark Brent crude futures is currently trading at $90 per barrel, a level last seen in October 2023.
The policy decision by OPEC+ led to a spike in international crude prices to their highest in five months. With the spike in prices, benchmark Brent crude futures is currently trading at $90 per barrel, a level last seen in October 2023.