In this article, we will be discussing which sectors in Indian Market are highly affected by rising crude oil prices. Also, we will discuss the impact of possible sanctions on oil imports by Western countries. So, let’s get started.
Crude Oil Prices
Nord Stream Gas Pipeline- Russia to Germany
India’s Oil Import Bill
All the factors discussed and their impact on the various sectors might be for a very short period but will have a certain impact on the performances and operations of the company in the current quarter. Among the sectors discussed, the aviation sector can suffer the most from high crude oil prices, as the sector has already witnessed bad phased due to Covid-19.
Originally Published On: https://blog.investyadnya.in/which-sector-are-highly-affected-by-rising-crude-oil-prices/