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Crude oil prices may hover around $65 a barrel

India's oil import bill to go up by around $1.6 bn per annum on a dollar increase in prices

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With the increase in the US production, Opec's decision to cut oil output from next year is unlikely to boost prices, says Care

Crude oil prices may not exceed $65 a barrel

4.6 mb/d – India's crude oil imports in this financial year so far

India's oil import bill to go up by around $1.6 bn per annum on a dollar increase in prices

1.2 million barrels per day – Opec's decision to cut production by from January 2019

Opec to cut 0.8 mb/d

Non-Opec members have agreed upon 0.4 mb/d cut for next 6 months

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