Crude Oil Is Down. So Why Aren't Petrol & Diesel Prices Falling in India? Explained
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Crude Oil Is Down. So Why Aren't Petrol & Diesel Prices Falling in India? Explained
Crude oil prices have fallen, but petrol and diesel prices in India remain largely unchanged. Why? In this video, we explain why lower crude oil prices don't automatically translate into cheaper fuel at the pump. We break down how petrol and diesel prices are actually determined, what under-recoveries mean for oil marketing companies (OMCs ...
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