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FinanceAsianet Newsable

Crude oil price decline eases pressure on India's import bill: Govt

in5points

  1. India's average crude oil basket price fell to USD 77.6 per barrel in July, down from USD 114.5 in April.

  2. The decline is expected to ease pressure on India's crude oil import bill.

  3. The drop supports India's external sector, according to the government.

2h ago · original ↗
Crude oil price decline eases pressure on India's import bill: Govt · in5points