Centre fact checks myths around petrol prices — Lists 6 factors that decide retail rates

· livemint.com

The Union government clarified that petrol prices are influenced by multiple factors, not just crude oil rates. With recent oil price fluctuations, the Ministry of Petroleum blamed state governments for higher retail prices due to VAT.

The Union government recently busted myths around petrol prices as it defended retail petrol states across India. Arguing that fuel prices are not solely determ...


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