Relief can be found in petrol and diesel soon, crude oil continues to fall, effect of recession

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Relief can be found in petrol and diesel soon, crude oil continues to fall, effect of recession
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3:17 AM August 5, 2022
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Aug 05, 2022 | 8:43 am

gradually the possibilities of cutting the prices of petrol and diesel have started increasing. Actually crude oil prices are coming down rapidly. The situation is that crude has reached a position to close with a loss of 10 percent this week. Yesterday, the UK central bank has expressed the possibility of recession in the country by the end of the year. At the same time, industrial activities in China are also becoming sluggish. This is expected to affect the demand for crude oil. At the same time, due to increasing oil stock in America, this apprehension has also gained a decline in prices.

Read more: MP Weather Update: Madhya Pradesh will still rain in the rain, alert in Rewa-Shadol
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