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Crude price at $60-70/bbl best for India's billion: Ambani

Talking about the sharp fall in crude prices to USD 73 a barrel, Ambani said it is a combination of political demand and supply. For a country like India that imports 85 percent of its energy requirements, the ideal price should be around USD 60-70/ barrel, the RIL Chairman added.

first published: Dec 4, 2014 10:33 am

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