Review Study On Price Fluctuation of Gas And Electricity in India from 2021-2023

Review Study On Price Fluctuation of Gas And Electricity in India from 2021-2023
Author(s):
Lilachand Prakash Patil
Keywords:
Price Fluctuations, Gas, electricity
Abstract
Retail prices of gasoline, diesel, and liquefied petroleum gas (LPG) and other energy products in India are a combination of oil prices, taxes and subsidies imposed by the government and government. The Covid-19 crisis has further exacerbated the challenges faced by oil and gas exporters. To some extent, this is good for India, as lower prices ease oil import costs. But stretched balance sheets and uncertain demand are also affecting the outlook for housing and equipment investments. Last year, there was a crisis in the region and the region witnessed geoeconomic turmoil, which had many effects on the world economy. As the world recovers from the pandemic and the economy begins to recover, the ongoing conflicts in Russia and Ukraine have also affected oil and coal supplies. This study examines oil and electricity price changes and associated factors in India from 2021 to 2023.
Article Details
Unique Paper ID: 161656 Publication Volume & Issue: Volume 10, Issue 5 Page(s): 302 - 307
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