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Government Cuts Import Duty on Palm, Soybean and Sunflower Oils to Rein In Prices
Government Cuts Import Duty on Palm, Soybean and Sunflower Oils to Rein In Prices
Oil Marketing Companies Losing ₹530 Crore a Day as Crude Oil Prices Surge
Oil India Expects Revenue Surge as Venezuela Operations Resume, Eyes Expansion in Russia
India’s Crude Oil Import Bill Zooms 48.4% to $74.8 Billion in April-August as Global Prices Surge
FGE sees Brent crude potentially climbing to $120-$150 per barrel if prolonged Middle East disruptions remove more oil from the global market, with physical crude already trading at elevated levels.
Crude Oil Jumps 3% After Fresh Strait of Hormuz Attacks, Brent Crosses $107
The IEA expects global oil supply to decline by 4.3 million barrels per day this year.
Crude Oil Prices Surge on US-Iran Tensions, Brent Crosses $96; What It Means for Petrol and Diesel in India
India supplied around 60 per cent of diesel transiting the Bab-el-Mandeb to Europe in August, strengthening its role as Russia’s constrained exports reshape the region’s fuel supply chain.
Crude oil prices, West Asia tensions, US inflation and Federal Reserve policy expectations are set to remain key drivers of Indian stock markets next week.
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