Oil at sub-USD 49 brings fuel price cuts

Oil at sub-USD 49 brings fuel price cutsSME TimesThe Indian basket, made up of 73 percent "sour" grade crude from Oman and Dubai and the balance by "sweet" grade Brent, fell to its lowest of USD 46.59 in January, provoking the Reserve Bank of India to make the first of its interest rate cuts this ...

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