 "oil, prices, crude")
The fall in global oil prices over the past 10 days has heightened the expectation of cheaper fuel among retail buyers. But there is outrage against the Union government for milking this opportunity to earn some more revenue, and this outrage is also against government-owned oil marketing companies (OMCs). They are told they are non-transparent about pricing. This was said even when the government controlled the prices of diesel, petrol, LPG and kerosene and even now when OMCs are supposedly free to fix prices of the first three.
The Union petroleum ministry’s Petroleum Policy and Analysis Cell and OMCs do give
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