Indian Imports of Crude and Palm Oil witnessed Price Cuts.

 Indian Imports of Crude and Palm Oil witnessed Price Cuts. 

Since the Ukrains Invasion by Russia, prices of Crude Oil have soared and same is true for Palm Oil imported from Indonesia from the highs of $1800 - $1900 per metric tonne palm oil is now $1300/mt and crude oil from $130/barrel to $107/barrel now. This is a big relief to the Indian Foreign Reserves which was left with $600B