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MRPL — Mangalore Refinery and Petrochemicals News Story

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Indian fuel retailers buy discounted diesel to avoid price hikes

April 9 (Reuters) - Indian fuel retailers are buying diesel from refiners at discounted rates to shield customers from any price hike, an industry source said on Thursday.

The new pricing formula is based on India's crude import price, the source told reporters.

 (Reporting by Nidhi Verma in New Delhi; Editing by Sonia Cheema)

 ((aleefjahan.cs@thomsonreuters.com;))

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