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gold winner oil 500 ml. ₹ 100 ₹ 95. Ask a Question. Categories: Food Grains & Oil & Masala, Grocery Tag: Gold winner. Description. Reviews (0) More Offers. Store Policies. These cuts nearly quadrupled the price of oil from $2.90 a barrel before the embargo to $11.65 a barrel in January 1974. In March 1974, amid disagreements within OAPEC on how long to continue the punishment, the embargo was officially lifted. The higher oil prices, on the other hand, remained (Merrill 2007). As Arthur Burns, the chairman of the.