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Previous Next Why crude oil prices are soaring once again India Today 38 minutes ago MG Arun © Provided by India Today Global crude oil prices have risen substantially in the past 30 days, inching toward the $90 a barrel mark and igniting concerns of higher inflation in both international and domestic markets. On January 20, Brent crude oil was trading at $86.95 a barrel in the international market. Oil prices have moved up by around 30 per cent since the end of November on stronger-than-expected demand despite the third wave of the pandemic, and supply outages that have tightened...
