The Integration of the Indian Oil Industry with the World Oil Market — A Macroeconomic Pricing Aspect

Debesh C Patra

Management and Labour Studies, 1999, vol. 24, issue 3, 198-207

Abstract: The integration of the government owned Indian oil market with the world market marks a turning point in the industry. The era of Administered Prices brought stability; but the policy of liberalization and the need for funds makes the entry of the private sector inevitable and controlled prices impractical. Integration, however, involves risks and requires various known risk management arrangements.

Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:sae:manlab:v:24:y:1999:i:3:p:198-207

DOI: 10.1177/0258042X9902400305

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