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The Indian government has stated that there are no plans to increase retail gasoline prices.
Investing.com – According to Reuters on Saturday, India’s fuel inventories are increasing, and the country is adjusting its energy procurement strategy in the global market environment.
Reuters reports that the Indian government has stated it will consider purchasing liquefied natural gas from Russia if Russia supplies it, and Indian Oil Corporation has already booked several batches of oil cargoes to be picked up from Yanbu port in Saudi Arabia.
The government currently has no plans to raise retail prices for gasoline and diesel.
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