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Wednesday 5 September 2018

Home / Business News: Latest News on Business / Financial News / India Business & World Business News / Stock Markets / Rupee a hostage to oil as India's crude import bill jumps 76%

Rupee a hostage to oil as India's crude import bill jumps 76%

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Brent, the benchmark of half the world’s oil including India’s, has jumped by more than 70 per cent from a low set in the middle of last year. The commodity is currently trading at $77.09 per barrel, a whisker below a three-year high of $80.50 reached in May.

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