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/EV7OcjR
https://ift.tt/4pqel3I 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.
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