$50 Oil Is a Pain at the Pump in Asia – Wall Street Journal

8 months ago Comments Off on $50 Oil Is a Pain at the Pump in Asia – Wall Street Journal

The return of $50 oil promises to sting motorists and other energy consumers across Asia, leaving them stuck with higher energy bills following the rollback of costly fuel subsidies.

India, Malaysia, Indonesia and Thailand are among big fuel consumers in the region that took advantage of the slump in oil prices to scale back long-standing…

$50 Oil Is a Pain at the Pump in Asia – Wall Street Journal}