Fuel prices in India remain stubborn despite a massive slump in global crude oil rates in recent months. Ideally, this drop in international oil prices should reflect in cheaper petrol and diesel back home – but that’s not happening. This BusinessToday.In infographic decodes the fuel pricing mechanism in India and answers why petrol, diesel aren’t getting cheaper.
Latest posts by businesstoday.in (see all)
- Dharmendra Pradhan dials Saudi Oil Minister; Kingdom assures supply commitments to India will be met - September 20, 2019
- India’s strategic petroleum reserve levels at 55% capacity, says official - September 16, 2019
- BPCL, Indian Oil, HPCL share prices fall 4-5% as global oil prices zoom on Saudi refinery attack - September 16, 2019