What Happens When Crude Oil Hits $100?
Crude oil is like the lifeblood of the global economy—and when its price shoots up, everyone feels it. But what does it mean for you as an Indian investor?
Here’s what typically happens:
Petrol & Diesel Become Costlier
India imports over 80% of its crude oil. So when global prices rise, fuel prices at home jump. This increases your transport and daily expenses.
Inflation Goes Up
Higher fuel costs = more expensive food and goods (because transport cost rises). This puts pressure on household budgets and RBI’s inflation targets.
Rupee Weakens
More dollars are needed to buy the same quantity of oil → trade deficit widens → rupee weakens against the dollar.
Govt Budget Takes a Hit
The government may have to cut duties or provide subsidies, which affects fiscal deficit and limits spending elsewhere.
Sectors That Get Hurt
Aviation (e.g., indigo)
Paints (e.g.,


















