RELIEF FOR FUEL CONSUMERS AS POST-ELECTION SCENARIO NOT ACCOMPANIED BY ROUTINE HIKES
OIL MARKETING COMPANIES HELPED BY BEARISH UNDERTONES IN GLOBAL CRUDE OIL PRICES
2024-07-13 10:44
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Fuel consumers have been pleasantly surprised by continued stability in prices even after the 2024 elections are settled and closed. This is a contrarian trend as most previous rounds of elections have invariably seen ‘price adjustments’ by the oil marketing companies by which they recoup their losses, notional though in most cases, by raising prices.