PPT on - Crude Oil Price .

From - Kunal Sarkar,

20MBA_CSR13
PRN - 1062201591 .
 Q. What are the factors which increace the
crude oil price.

• Recently OPEC had a meeting and some decision were made -

Because of the pandamic, the demand of the crude oil has been
decreased, hence they take a meeting and decided to cut the
productions. While Saudi have already cut 8% of weekly gain
in production, and they will go so on and the price of crude oil
is increased drastically.

• India is the only country to take 260% as tax on petroleum

product which make the price go higher, for eg, the price of
petrol is 100 then 60rs is tax and 40rs is the base value which
we should pay.
 Q. Which companies were positively
effected by the price rise.

• The companies who sell crude oil directly have

the most of the positive impacts , like -

1. Oil India - price of share went high by 4% - 6%.

2. Reliance.
 Q. Which companies were negatively
effected by the price rise.

• Paint sectors - that uses 50% - 60% crude oil as raw

material , co. like - Nerolack .

• Aviation Industry is also getting affected by the rice in

price , co. like - Indigo.

• Transportation Industry is also facing the effects in price

rice , co. like - Concor , Ages.
 What Govt. can do -

• By the meeting of finance minister on crude oil, she said that

petroleum products not come under GST rules, so they can either
add petroleum product in GST slabe or introduce a new GST slabe
of petroleum product. which we help to reduce the peice to 70-75 rs.

• After the election in America, Joe biden sir, can uplift some of the
policy or charges from Iran and Venezualla, by which we can make
contract or agreement with them and start crude oil trade in very low
cost. ( Iran petrol price is 1.45 rs , and venezualla have 4.5 rs) .

THANKYOU .