Oil prices lowest since January, create room for price cut

Quick Summary:

Oil prices hit their lowest point since January, providing an opportunity for a potential reduction in pump rates.

Find out how this decline in oil prices can benefit consumers and fuel marketing companies.

Govt took advantage by leaning on them to cut petrol and diesel prices by Rs 2 per litre on March 14, just ahead of the general election.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Sanjay Dutta

Category: EconomyBusiness

Markets: IndiaChinaPakistan

Topics: Today news Delhi Pump prices Delhi news today Delhi news live Delhi latest news Fuel price cut Oil prices Marketing margins Brent crude Delhi news

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-05 @ 06:35:06 (11 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 585 words

Reading Time: 4 minutes read

Sentences: 15 lines

Sentence Length: 39 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 22372415

View Article Analysis

About Times of India

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 18 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #28

Publisher Details

Frequently Asked Questions