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Jordi Caralt :: Blog :: Oil price up despite Saudi pledge

June 23, 2008

Oil prices rise after emergency talks in Jeddah over the weekend end with no real resolution.

Filed under: Business

Posted by Jordi Caralt
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Comments

  1. This is a very big issue particularly in India and surrounding countries like Pakistan, Bangladesh, Sri lanka. Where all these nations are frightening for "Terrorism" for the last couple of decades with huge defense budget and less development budget for education, health and welfare...

    Also, now in India the inflation rate is 11.50% (will increase more with a week) which is a 13-years high. This is due to high oil prices, the govt. has already announced to increase the oil price once again...

     

    Debapriya MukherjeeDebapriya Mukherjee on Tuesday, 24 June 2008, 05:15 GMT # |

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