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Market move▼ Bearish for Indian equities
Oil Price Today (September 30): Crude oil at $104 as Trump rejects easing Iran sanctions. What are experts saying?
The brief
- Brent crude rose $1.14, or 1.11%, to $103.73 a barrel
- US West Texas Intermediate gained 15 cents, or 0.30%, to $89.50 a barrel
- Higher crude prices can pressure Indian refiners and fuel retailers
- Why global diesel prices are rising and Indian retailers are limiting sales
- India has more than 80 days fuel reserves: Hardeep Singh Puri
- Puri says India has insulated consumers from global crude supply disruptions
- Cheaper at pumps, costlier in bulk: Jio-bp, Nayara cap diesel sales; PSUs may follow: Report
- India has ‘insulated' itself from the 'turbulence' of crude supply shock: Hardeep Singh Puri