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The Economic Times

Markets / The Economic Times

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Global Market | Vital oil benchmarks say a different story

Asian oil refiners are seeking alternatives to Middle East crude benchmarks due to war-driven price volatility that has detached from physical market realities. Erratic price swings, exacerbated by a shortage of pricing barrels and significant buying activity, have made benchmarks unreliable.

30 Mar 2026 6:19 am