scorpionking76
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Petrol prices in India have fallen by 20 per cent from Rs 75 per litre in June 2014 to Rs 60 per litre in December 2015. During the same time, Brent crude prices have crashed over 60 per cent from $110 per barrel to around $42 per barrel. (Read)
Brent prices are currently trading at a seven-year low, but the same is not true for petrol and diesel prices. Petrol prices have not fallen below Rs 60/litre for a sustained period of time since May 2011.
There are two big reasons why the drop in petrol and diesel prices has not kept pace with the crash in global crude prices.
Petrol Costs Just Rs 23/Litre. But You Pay Rs 60. Here is Why - NDTVProfit.com
Brent prices are currently trading at a seven-year low, but the same is not true for petrol and diesel prices. Petrol prices have not fallen below Rs 60/litre for a sustained period of time since May 2011.
There are two big reasons why the drop in petrol and diesel prices has not kept pace with the crash in global crude prices.
Petrol Costs Just Rs 23/Litre. But You Pay Rs 60. Here is Why - NDTVProfit.com
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