Viewing a single comment thread. View all comments

Brzwolf t1_ivj0wrs wrote

If i had to guess, its because a refinery worker in india makes around 400 dollars a month... while a refinery worker in the Netherlands makes around 5500 dollars every month.

5

i_m_horni t1_ivjanps wrote

In India one meal costs 1-1.5 dollar. Can't say the same for Netherlands. For more info refer purchasing power parity of money.

4

Brzwolf t1_ivn0yf1 wrote

The local purchasing power of the Indian currency is irrelevant to oil company shipping oil to india to be refined.

1