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What will happen to petroleum prices there?
"That is the lagging impact of petroleum prices," he said.
Excluding petroleum, prices increased 0.2percentt in March.
But they must also avoid causing a significant increase in petroleum prices.
The government is the biggest profiteer from increased petroleum prices, The Hindustan Times reports.
But of course, rising petroleum prices will have a similarly negative impact.
With developing countries like China and India demanding more petroleum, prices are likely to stay high.
In the mid-1980s, declining petroleum prices caused an economic downturn.
Leaders of the industrial world are glaring at Mexico, complaining that petroleum prices are aggravating inflation.
PETROLEUM prices, though below their peaks of last year, are still lofty.
With little else in their economies, oil revenues shrink drastically when world petroleum prices slip.
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CEO of Professional Science Editing for Scientists @ prosciediting.com