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Why petrol and diesel prices haven't fallen yet? Hardeep Singh Puri hints at rate cut after sustained low crude prices
Fuel prices might see a dip if international crude oil rates stay low for a few more weeks, according to Union Minister Hardeep Puri. Oil companies are currently using crude purchased at higher prices during the West Asia conflict, leading to past losses. However, sustained low global prices could pave the way for a reduction at the pump. India also plans to boost its oil storage capacity.
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economictimes.indiatimes.com
Why petrol and diesel prices haven't fallen yet? Hardeep Singh Puri hints at rate cut after sustained low crude prices
Fuel prices might see a dip if international crude oil rates stay low for a few more weeks, according to Union Minister Hardeep Puri. Oil companies are currently using crude…
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hindustantimes.com
Will petrol, diesel prices go down soon? Govt answers big question amid easing crude oil prices
On whether there would be a reduction in fuel prices, minister Hardeep Singh Puri said this would be a "legitimate question". | India News
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theprint.in
Will govt slash petrol, diesel prices just yet? What Petroleum Minister Hardeep Puri said
Puri says govt will now focus on expanding India’s energy storage capacity but it should not be viewed only through lens of underground strategic petroleum reserves (SPRs).
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timesofindia.indiatimes.com
Oil firms lost Rs 74,781 crore from April to June amid US-Iran war: Hardeep Puri
NEW DELHI: State-owned oil marketing companies (OMCs) incurred losses of almost Rs 74,781 crore on the sale of petrol, diesel, and liquefied petroleum gas (LPG) during April-June…
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thehindubusinessline.com
Oil Minister rules out cut in petrol, diesel prices until global crude stays low for a few weeks
Emphasising that price hikes in petrol and diesel were among the lowest in India during the current West Asian conflict, Oil Minister Hardeep Singh Puri said on Thursday that a…
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thehindu.com
Petrol, diesel prices to fall only after cheaper crude oil reaches Indian refiners: Hardeep Puri
Petrol and diesel prices will only decrease after cheaper crude oil reaches Indian refiners, says Petroleum Minister Hardeep Puri.
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State oil companies lose ₹75,000 cr in Q1 on low prices: Oil minister Hardeep Singh Puri
State-run oil companies reported a significant loss of ₹74,781 crore in the April-June quarter due to selling fuel below market rates. Despite a global crude price drop, domestic…
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Why petrol, diesel prices haven't fallen yet? Hardeep Puri explains outlook for fuel prices
Union Oil and Petroleum and Natural Gas Minister Hardeep Puri on Thursday said petrol and diesel prices could be reduced if international crude oil prices remain low for the next…
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newsbytesapp.com
When can customers expect petrol/diesel price reduction? Hardeep Puri answers
Union Petroleum Minister Hardeep Singh Puri clarified that despite global crude prices dropping to $70 per barrel, immediate reductions in petrol and diesel prices are unlikely.
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Oil slips to pre-Iran war levels: Is a petrol, diesel price cut coming?
Global crude oil prices have crashed to a four month low and are now hovering around the pre-war levels. From around $120 per barrel to near $70 per barrel - the crash has been…
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Watch: When will petrol and diesel prices come down?
When will petrol and diesel prices come down? Union Petroleum Minister Hardeep Singh Puri says consumers may have to wait, even though global crude oil prices have eased. He said…