Bulletin Updates

India seeks lower oil prices as high pump prices bite – 20 Jul 2021

Jul 20, 2021

India is in talks with crude producers about securing more affordable oil prices after tax-laden pump prices of gasoline and gasoil surged to record highs in Asia's third-largest economy, adding to inflation. India, the world's third-biggest oil importer and consumer, ships in over 80% of its oil needs from overseas.

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