Perspective on LPG Prices By Mr. Swarnendu Bhushan, Motilal Oswal Financial Services
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Perspective on ‘LPG Prices’ By Mr. Swarnendu Bhushan, Senior Group VP, Oil & Gas analyst at Motilal Oswal Financial Services
“The current Russia-Ukraine geo-political crisis has pushed up oil prices. As a result, LPG prices have also risen in India. Rupee depreciation has added to it. We import ~60% of our LPG consumption. As soon as oil prices decline, we would expect LPG prices also to cool off”
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