Consumers get a raw deal as global oil price fall benefit remains ‘frozen’
While oil price spikes are passed on to Indian consumers, the benefit of falling prices are not, according to analysts; petrol prices in India have been cut barely by 1.9% since June 2022 even as oil prices have declined 41% since then
While oil price spikes are passed on to Indian consumers, the benefit of falling prices are not, according to analysts; petrol prices in India have been cut barely by 1.9% since June 2022 even as oil prices have declined 41% since then
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