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Home ยป Brent Crude Oil Pulls Back Below $115/bbl to Ease Import Cost Concerns

Brent Crude Oil Pulls Back Below $115/bbl to Ease Import Cost Concerns

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International Brent crude oil futures cooled off slightly from elevated highs, trading below $115 per barrel. Although global energy prices remain historically sticky due to persistent Middle Eastern geopolitical friction, the minor pullback provided immediate relief to import-dependent Indian corporates and helped cushion domestic equity valuations.

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