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02.06.26 - 15:54
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Goldman Sees August US Diesel Crunch as Stocks Lowest Since 2003 (Bloomberg)
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Diesel stocks in the US risk reaching a critical threshold of 20 days of supply by August if commercial inventories keep declining at the recent pace amid the near-complete closure of the Strait of Hormuz, according to Goldman Sachs Group Inc.'s co-head of global commodities research....
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02.06.26 - 12:48
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Petrol, diesel price hikes could push up inflation and transport costs, says Crisil (Times of India)
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Rising fuel prices are poised to reignite inflation, a Crisil report warns. Expect higher costs for transport, logistics, and manufacturing, directly impacting food and consumer goods. Direct fuel price hikes could add nearly 48 basis points to inflation, with broader effects on supply chains. While GST cuts offer some relief, persistently high oil prices remain a concern for the economy....
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