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India’s petrol pricing benchmark has risen to a 50-month high of $133.05 a barrel this month, putting state-run oil marketing companies (OMCs) under renewed pressure as geopolitical disruptions threaten to push international oil prices higher, according to industry officials and official data. The average daily benchmark price for petrol between September 1 and 18 was 20% higher than the August average of $110.87 a barrel. | Business News
India’s petrol pricing benchmark has risen to a 50-month High of $133.05 a barrel this month, putting state-run oil marketing companies (OMCs) under renewed pressure as geopolitical disruptions threaten to push international oil prices higher, according to industry officials and official data.
Telugu.Digital EditorialSenior Editorial Lead
Telugu.Digital
Source Attribution: View original report on Hindustan Times