Global crude oil prices drop, but when will petrol & diesel become cheaper for us?

By The Hindu

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When will petrol and diesel prices come down? Union Petroleum Minister Hardeep Singh Puri says consumers may have to wait, even though global crude oil prices have eased. He said the fuel currently being sold at retail outlets was refined from crude purchased when the West Asia conflict had pushed prices, freight and insurance costs sharply higher. He explained that the cheaper crude now available in the global market will take time to reach the Indian consumer. Thank you for watching our video! You can subscribe to our channel here: https://bit.ly/3c8Adi6 Visit https://www.thehindu.com/ for the latest updates, analysis, opinions, and more. You can also download our apps: Android: https://bit.ly/3nboBEi iOs: https://apple.co/3EDCwt4 The Hindu is committed to keeping you up-to-date with information on the developments in India and the world. We promise to deliver quality journalism that stays away from vested interest and political propaganda. You can support us by subscribing

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