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    <title>India OMCs to pay discounted rates to refiners amid fuel price freeze</title>
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    <description>State-run oil marketing companies have fixed discounted refinery transfer prices for petrol, diesel, aviation turbine fuel and kerosene in response to a freeze on retail fuel prices and rising global crude oil costs. The revised pricing reduces refinery receipts below import-parity-linked costs and is expected to affect standalone refiners more sharply than integrated oil companies, because the latter can partly offset losses across refining and marketing operations.</description>
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