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Indian oil basket News

27 Jan 2016

World Bank cuts 2016 oil forecast, Indian basket at 14-year low

World Bank is lowering its 2016 forecast for crude oil prices to $37 per barrel in its latest Commodity Markets Outlook report from $51 per barrel in its October projections.

14 Dec 2015

Know why petrol price in India is so high despite oil in international market at 11-year low

Despite deregulation, prices of petrol and diesel in India are very high than that of international crude oil.

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