Why is fuel still expensive in India?
Edited By WION Video Desk
Published: Apr 27, 2025, 07:40 IST | Updated: Apr 27, 2025, 07:40 IST
Crude oil prices have plunged to a four-year low, but don't expect cheaper fuel anytime soon.
Despite the global drop, Indian consumers are still paying high rates at the pump.
Why?
Oil companies are grappling with inventory losses, weak refining margins, and gas under-recoveries.
Here's why the relief you're hoping for isn’t arriving just yet.
Take a look...
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