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India Raises Fuel Prices for First Time in Four Years

The Indian government has increased fuel prices across the country. This marks the first such price hike in four years.

16 May, 00:05 — 16 May, 00:05
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zerohedgeLow85d ago

India Raises Fuel Prices For The First Time In Four Years

India Raises Fuel Prices For The First Time In Four Years Submitted by Irina Slav of OilPrice.com Indian state refiners raised their retail prices for gasoline and diesel by the equivalent of $0.031 per liter in response to tighter crude oil availability. This is the first fuel price hike in India in four years, Bloomberg noted in a report on the news. The hike amounts to over 3% and was necessitated by the global crude oil price surge that resulted in losses for India’s refi...

By Tyler Durden

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Coverage Timeline

First report: il-sole-24-ore · 15 May, 13:26Full coverage: 2 · 11hWindow: 11h
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il-sole-24-ore15 May, 13:26First to report

Il Governo indiano alza il prezzo dei carburanti per la prima volta in quattro anni

11h later
zerohedge16 May, 00:05Latest update

India Raises Fuel Prices For The First Time In Four Years

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