Crude oil hits $140, fuel prices may rise post-Diwali

Crude oil hits $140 a barrel, raising fears of petrol and diesel price hikes post-Diwali. $140 crude levels could trigger government tax adjustments and margin compression for OMCs. Inflationary pressure may prompt RBI to reconsider rate stance. Impact likely across transport, logistics, and consumer spending.

📊 STOCKS: | 🏢 SECTOR: Energy | #HIGHIMPACT #CrudeOil