Oil prices at seven-month low but no change in petrol, diesel prices in India

International benchmark Brent crude fell below $90 per barrel last week for the first time since early February as recession fears weigh on demand. It has since recovered and is trading at $92.84 per barrel, the lowest in six months. But this has not led to any revision in retail petrol and diesel prices in India and they continue to be on freeze for a record-setting 158 days.

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