Why are crashing crude oil prices not bringing down your petrol bill?

Multiple levies that ensure the government makes money are also the reasons why consumers in India get no relief.

10 September, 20241 min
0
Banner image

Subscribe to read this story

We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.

$99 for one year

SUBSCRIBE
Already have an account? Sign In

Not ready to subscribe? Sign up for a free account

We value our free readers. Read 100+ stories every year.

You may also like

Internet
Story image

Why fuel delivery startup CAFU is changing its ways

In a surprising move, the much-loved company in the UAE is no longer offering free delivery and, in a first, is out to raise funds.

Chaos
Story image

In COP28 final agreement, a big win for oil and gas

The Dubai conference, in its call for a transition away from fossil fuels, singles out coal for a phase-down while letting oil and gas off the hook.

Chaos
Story image

Lobbyists take over COP28

Representatives of some of the biggest polluting sectors have flocked to the annual climate talks, prompting worries about a delay in necessary measures to tackle the climate crisis.