Fuel price cut hopes rise as crude oil prices drop to lowest since January - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Fuel price cut hopes rise as crude oil prices drop to lowest since January

Petrol and diesel prices are supposed to be revised daily but state-owned fuel retailers have not exercised their rights since April 6. Rates have been on freeze since then except on May 22 when prices were reduced following a cut in excise duty.

from Industry-Economic Times
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