54 dollars would be roughly in the region of the oil barrel price which its supposed to be. Is the monthly wage (minimum) now 5 dollars, that would make most people unable to carry on living. Even in India the poorest make more then a dollar a day for a while now, as I understand it anyway. Sounds like an uncertain situation.
However the oil price has been rising recently, I think it was upto
66 dollars. That helps make the petro link look cheap, an increased discount in theory presuming it has a relation to oil purchases I guess
Spotted this commentary which explains there is no cap to the amount of petro produced
