Regardless of falling global oil prices due to banking turmoil in the US, there is hardly any chance of a fall in petrol and diesel prices in India. It would take longer for the oil marketing companies to recover their losses accumulated due to high crude prices earlier.
Constant domestic fuel prices amid rising prices of crude oil at the global level in past quarters resulted in huge losses to oil companies. The recent fall in global fuel prices is a chance for companies to recover their ac...
