 "What are the reasons for the five-year high trade deficit in July")
Brent crude oil prices reached a high of $85 a barrel on October 9, 2018. Since then, they have fallen to about $60 a barrel. This is a 29 per cent drop in about two months. Retail selling prices for petrol and diesel, however, have not seen a similar drop. Petrol prices fell by just 12 per cent and those of diesel were down by 9 per cent in the same period.
Are oil marketing companies recovering the losses on their margins, which had come under pressure after the government’s October 4 decision asking them to reduce their margins
Are oil marketing companies recovering the losses on their margins, which had come under pressure after the government’s October 4 decision asking them to reduce their margins
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