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Falling Oil Prices


Falling oil prices are good news for oil refiners and companies using hydrocarbon based raw materials.

Falling crude oil prices help contain the import bill of countries like India. And a godsend when we are struggling with lower export earnings.

But there is the danger of salary cuts,layoffs and related problems in producer countries that might ultimately hit certain exports to these countries.

So which countries are likely to be the danger areas ?Take a look at the cost of production figures in various countries and check them against prevailing oil prices.

oil costs

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