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Economy News

The Economic Times

Economy / The Economic Times

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Oil above $100 but petrol, diesel prices unlikely to rise immediately

Despite the recent surge in crude oil prices, immediate hikes in fuel costs are unlikely. State-owned oil firms are expected to absorb the impact, thanks to their past advantages during periods of low oil prices. This financial resilience puts them in a strong position to navigate through these volatile times.

10 Mar 2026 6:00 am