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Indian private refiners profit from cheap Russian crude as state refiners suffer
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    Indian private refiners profit from cheap Russian crude as state refiners suffer

    21 July 2023

    Nayara Energy in an emailed statement said it is maintaining fuel supplies to its dealers, and acknowledged a nominal increase in its retail prices for long-term interest of the company


    Private refiners have priced their fuels at a higher rate compared to their state peers and have reduced supplies to their pumps, several dealers from Nayara Energy said, leading to customers turning to state retailers fuel station.