Rediff.com |  Feedback  
You are here: » Rediff Home » Discussion Boards » Permalink
  
View : Single Message | Complete Thread | Read complete Discussion
CRUDE OIL PRICES ZOOMING
by damodaran mohan on Jun 03, 2008 01:42 PM

The OIL producing countries, specially the Gulf countries are virtually dependent on rest of the countries for all items, right from Drinking water, food items, engineering items etc. So, the rest of the exporting nations to the Gulf region must link the prices of these commodities to OIL prices directly. That is the only way to check any unreasonable zooming of OIL prices in short time.

    Forward  |  Report abuse
The above message is part of the Discussion Board:
http://specials.rediff.com/money/2008/may/26oil1.htm