The global benchmark, US WTI crude currently clinging below $80 a barrel, has lost more than 10% from a near two-year high tested last month. A similar correction was witnessed in the Asian Brent and the domestic MCX futures as well.
The RBI maintained its repo rate at 5.25% and a neutral stance, raising inflation forecasts due to West Asian conflict-driven oil price hikes. Fund managers
The RBI maintained its repo rate at 5.25% and a neutral stance, raising inflation forecasts due to West Asian conflict-driven oil price hikes. Fund managers
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