1. India’s crude oil basket jumps 28.66% to $116.04 per barrel in September

India’s crude oil basket jumps 28.66% to $116.04 per barrel in September

India

  • India's crude oil basket jumped 28.66% in September to $116.04 per barrel, up from $90.19 in August.
  • The Finance Ministry flagged this sharp rise, along with US trade uncertainty, as risks in its latest Monthly Review.
  • Despite inflation pressures, India's GDP grew 7.8% in Q1 FY27, with manufacturing rising 9.2% year-on-year.

Source: ndtv.com

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