 "Crude oil prices plunge, prompting hopes for petrol and diesel price cuts in India after a prolonged freeze.")
Crude oil prices plunge, prompting hopes for petrol and diesel price cuts in India after a prolonged freeze.
Recent drops in crude oil prices have provided Indian oil Marketing companies with the opportunity to lower petrol and diesel prices by Rs 2-3 per litre, according to Icra. In September, crude oil prices averaged $74 per barrel, down from $83-84 earlier this year. Despite keeping fuel prices stable since March 2024, Icra suggests that ...
