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In another reflection of the wild gyrations in global crude markets, oil futures declined slightly after opening higher on Wednesday and having surged over 6% in the previous session.
Indian crude oil basket price was $98.68 per barrel on April 08, 2022, at an exchange rate of 75.78 per dollar, according to the Petroleum Ministry's Petroleum Planning and Analysis Cell's latest report, which suggests a 4 per cent decline since April 1 and a near 13 per cent fall compared to March's average.