Mehangai
  • 30
    Apr
    2018

    Why are fuel prices in India high even though crude oil prices are lower?

    Business StandardWhy are fuel prices in India high even though crude oil prices are lower?Business StandardState-run explorers Oil and Natural Gas Corp. and Oil India Ltd. and state gas utility GAIL India Ltd. also had been paying to subsidize fuel prices, to the tune of $10 billion, by selling crude and fuels to the state retailers at discounts. Making ...and more »

    Source: Business Standard | 07:01 AM

    http://www.business-standard.com/article/economy-policy/why-are-fuel-prices-in-india-high-even-though-crude-oil-prices-are-lower-118043000065_1.html

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