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Indian basket crude prices return to pre-conflict levels
NEW DELHI: Indian basket crude prices returned to pre-conflict levels Wednesday, with the basket priced at $70.71 per barrel, reducing the import bill, easing inflationary pressures and improving the financial position of the Centre and oil marketing companies.
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timesofindia.indiatimes.com
Crude below $75/barrel but will take time to return to pre-war levels
NEW DELHI: Crude oil prices fell below the $75-per-barrel mark on Wednesday as the Strait of Hormuz reopened but are yet to return to the pre-conflict levels of $65-70 a barrel.
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economictimes.indiatimes.com
Oil falls to pre-war levels, no change in petrol and diesel prices in India
Global crude oil prices have fallen to their lowest levels since before the Iran conflict, with Brent slipping to around USD 72–73 per barrel and US crude below USD 70,…
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Indian basket crude prices return to pre-conflict levels
NEW DELHI: Indian basket crude prices returned to pre-conflict levels Wednesday, with the basket priced at $70.71 per barrel, reducing the import bill, easing inflationary…
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Cheaper crude and Strait of Hormuz reopening boost outlook for Indian refiners
Benchmark Brent fell to around $72 a barrel Thursday, down from an average of $99 in first week of June and $109 during the three months till May. Russia has resumed offering…