With global crude prices remaining above $100, some analysts suggest retail fuel rates must rise by at least another ₹11-14 per litre to offset massive daily losses for oil firms, a move that threatens to stoke inflation and crush consumer demand. For the full story, visit the source.
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Mint Explainer: Why more fuel price hikes are likely around the corner
With global crude prices remaining above $100, some analysts suggest retail fuel rates must rise by at least another ₹11-14 per litre to offset massive daily losses for oil firms, a move that threatens to stoke inflation and crush consumer demand.
By Ayaan Kartik· Livemint· 5 months ago· 2 min read
This summary is sourced from Livemint. Read the full article at:Livemint