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Commodity · ■ Mixed · 2 sources confirmed · 2026-09-28 10:20 UTC

India’s Reliance, Nayara Ration Fuel Sales as Oil Prices Climb

Why now

Thesis: High crude prices start curbing Asian fuel demand

Catalyst to watch: Indian fuel demand and retail price data

Main risk: Demand destruction undercuts crude rally

Why it matters

Indian refiners rationing fuel sales as crude climbs shows demand destruction risk from high prices.

Related assets & topics

IndiaOil

Sources

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