Social Sciences, asked by Lazycrow, 10 months ago

How are global oil prices affected by Covid-19 and what does it mean for India? I'd appreciate a simple, straightforward answer. Thanks ;)

Answers

Answered by rathinaselvi4
1

Answer:

the prices of global oil are severely affected as there are very less usage of vehicles during the pandemic/lockdown. India is the most densely populated nation in the world and with the growing population,the prices of global oil keeps increasing.This will have a major impact on the economy of he country.

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