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Nayara Energy hikes petrol, diesel rate: Will IOC, HPCL, BPCL follow as crude price rises?

Nayara Energy has raised petrol prices by Rs 5 and diesel by Rs 3. Will the PSU oil marketing companies such as IOC, HPOCL and BOCL follow, that’s the million dollar question. The average price of Indian crude oil imports have jumped to a frightening $116.09 per barrel in September.
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