Geopolitical tensions, rising crude behind fuel price hike: Oil execs
ONGC and BPCL executives said the fuel price hike reflects West Asia tensions, rising crude prices, and huge daily losses for oil companies. They noted the government had shielded consumers for 76 days before the “belt tightening” was necessary. Reasons for Fuel Price Hike Senior executives from state-run oil companies ONGC and BPCL have said … Read more