Impact on Cost of production
Impact on transportation cost
Impact on Inflation
Current Account Deficit (CAD) and Rupee depreciation
Recently there is a fall in crude oil price. This makes a positive impact on the Indian economy as well as the stock mark. Falling crude oil prices have been a boon for Indian policymakers and a key factor for the domestic macroeconomy. The biggest beneficiaries in this scenario are companies in sectors such as oil marketing, paint, tyre, speciality chemical, plastic piping, aviation and cement, etc. as most of them use crude oil as a raw material.