Hindustan Petroleum: Costly Oil Hurting Indian Economy

The transcript discusses the impact of rising oil prices on India, highlighting the need for diversification in energy sources. It covers India's current oil supply sources, including the Middle East, US, and Russia, and the potential for Iran to rejoin the market. The discussion also touches on the economic impact of high pump prices and India's sharp economic recovery post-restrictions. The transcript further explores India's investments in sustainability and green energy, the developing electric vehicle market, and the aviation sector's effect on refining margins.

What is the preferred oil price range for both consumers and producers according to the discussion?

• 40 to 50

• 70 to 80

• 50 to 60

• 60 to 70

Which country has increased its oil supply to India from 0.5% to 6% in the last five years?

• Saudi Arabia

• Russia

• Iran

• United States

What percentage of pump prices in India is made up by taxes?

• 60%

• 30%

• 40%

• 50%

What is the target year for India to meet 40% of its energy needs from green sources?

• 2025

• 2030

• 2035

• 2040

Which company is investing in setting up a Greenfield LNG terminal as part of its sustainability efforts?

• BPCL

• HPCL

• IOCL

• ONGC

How many CNG stations does HPCL currently have?

• 400

• 700

• 500

• 600

What recent trend has been observed in the Singapore benchmark PRN?

• It has gone negative

• It has improved

• It has declined

• It has remained stable