Short presentation about increasing oil prices & alternative resources of oil in future

1. Increasing Oil Prices
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2. Content:
1. Introduction to the Crude Oil
2. Importance of Oil
3. Reason of Increase in Oil Prices
4. Impact of Increasing Oil Prices
5. India’s Oil Consumption
6. India’s Energy Consumption
7. Possible solutions to reduce the dependency on oil
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3. Introduction to Crude Oil
 Unrefined Petroleum Product
 Fossil Fuel
 Non-Renewable Resource
 Different types of Crude Oil
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4. Types of Crude Oil
 Very Light Oils
 Light Oils
 Medium Oils
 Heavy Fuel Oils
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5. Importance of Oil
 Important Source of Energy
 High Imports
 Transportation
 Impact on Inflation
 Macroeconomic Conditions
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6. Reasons of Increasing Oil Prices
 Sanctions on Iran
 Reduction in the Supply of Oil by OPEC
 Strong Global Demand for Crude Oil
 Geopolitical Instability
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7. Impact of Increasing Oil Prices on India
 Impact on Current Account Deficit
 Increasing Cost of Transportation
 Increasing Inflation
 Reducing Purchasing Power of Public
 Decrease in the Demand
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8. India’s Oil Consumption 8
189.24 189.44
202.85
213.93
217.08
175
180
185
190
195
200
205
210
215
220
2014 2015 2016 2017 2018
Import Volume in Million Metric Tons
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Source: Statista

9. India’s Energy Consumption 9
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Source: Energy Statistics 2018
13%
7%
35%
2%
43%
Sourcewise Energy Consumption
Electricity from Hydro, Nuclear & ORS
Natural Gas
Crude Petroleum
Lignite
Coal

10. Possible solutions to reduce the
dependency on oil
 Renewable Energy
 Solar Energy
 Wind Energy
 Geothermal Energy
 Electric Vehicles
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11. Conclusion
 India has high dependency on oil
 Oil prices has major impact on Inflation
 Low dependency on oil is important
 Renewable Resources are possible solution
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12. Thank You
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