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Reliance buys crude oil from Canada
Reliance's first ever purchase of Canadian crude oil via the Trans Mountain pipeline would not only satisfy market demand but also signify the evolvin
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RBI acknowledges inflation risk
Extreme weather conditions and volatile price of crude oil could rush the risk of facing inflation, not only this, the prolonged geopolitical tension
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Crude below $80 a barrel: Pre-poll relief in the works?
The government can afford to bring down retail prices of petrol and diesel that will directly cool inflation as well as immediate relief to the pocket
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How softer crude can affect your paint prices
Now that crude oil has fallen this means that companies will have better margins
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Turbulence ahead for aviation sector
Air travel in India is still considered as luxury spending. All the luxury items have very high price elasticity.
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Self-reliance in crude oil seems like a distant dream
India’s dependence on imported crude oil increased at a time when the price of crude oil was sky-high all over the world
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Windfall tax on domestic crude raised
Windfall tax raised again
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OMCs are making a killing courtesy Russia Ukraine war
The war between Russia and Ukraine has opened up huge opportunities for some companies in India
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60% of imported edible oil is palm oil due to high damand
About 60% of the imported edible oil is palm oil. Because India is a big consumer of palm oil.
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India may release crude oil from strategic reserves
US has requested all major oil-consuming nations to consider release for stockpiles to bring global energy prices
