Why are Indian prices not falling in line with global crude oil prices

Why are Indian prices not falling in line with global crude oil prices

Why do Indians pay so much for petrol and diesel compared to others in South Asia? Photograph: (AFP)

WION New Delhi, India Jan 11, 2017, 06.51 PM (IST) Shijith P Kunhitty

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STORY HIGHLIGHTS

Global oil prices have fallen 52% since 2014, while Indian petrol prices have fallen just 1% in the same time

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