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Market move▼ Bearish for Indian equities
US oil industry warns diesel prices will not return to normal for a year
The brief
- US energy executives expect diesel costs to remain high for a year, a Dallas Fed survey finds
- Persistently high diesel could lift fuel costs for Indian transport and logistics companies
- Mangalore Refinery Petrochem cancels fuel export tenders after fire at site
- Russia extends diesel export restrictions through October
- Russian Crude Exports Boom Blunted by Kremlin’s Diesel Sales Ban
- Why global diesel prices are rising and Indian retailers are limiting sales
- Cheaper at pumps, costlier in bulk: Jio-bp, Nayara cap diesel sales; PSUs may follow: Report