Indian fuel retailers are holding off on reducing petrol and diesel prices despite cheaper crude oil, citing market volatility. They prefer stable conditions before making any changes. Recently, oil prices fluctuated between $70 and $75 per barrel due to global economic factors and US interest rate cuts, impacting pricing decisions.
from Times of India https://ift.tt/KFVRGZ4
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Thursday, September 19, 2024
The wait for fuel price cut gets longer on volatile oil
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