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Crude Oil Prices Dip: Are Cheaper Petrol and Diesel on the Horizon?

Retail Fuel Prices May Drop as Margins Improve A recent decline in crude oil prices is creating an opportunity for state-owned oil marketing companies (OMCs) in India to reduce petrol and diesel prices by Rs 2-3 per litre. According to the rating agency ICRA, the average price of crude oil India imports fell to USD […]