• Oil prices expected to rise by 5-8 per cent

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    According to rating agency Crisil Research, petrol price could soar to Rs 75 per litre compared to the prevailing rate of Rs 72 per litre in Mumbai. The prices of petrol and diesel are expected to rise by 5-8 per cent in the next few months following last week’s decision by the Organisation of Petroleum Exporting Countries (Opec) to cut crude oil production by 1.2 million barrels per day.

    According to…

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