Why Retail Fuel Prices Are Still High Despite Crude’s Biggest Fall Since 1991
A droplet of petroleum drops from a fuel nozzle. (Photographer: Andrey Rudakov/Bloomberg)

Why Retail Fuel Prices Are Still High Despite Crude’s Biggest Fall Since 1991

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Indian consumers are yet to benefit from a plunge in crude oil prices as a depreciating rupee partly eroded the gains and oil retailers earn a higher mark-up on every litre of fuel sold.Benchmark B...