SENSEX
NIFTY
GOLD
USD/INR

Weather

image 34    C

Economy News

The Economic Times

Economy / The Economic Times

details

ET Graphics: Crude oil retreats, but India's fuel bills stay up

China has reduced fuel prices, mirroring pre-war levels as crude oil costs decline. Indian private retailer Nayara Energy also cut its fuel rates recently. State-run firms have not yet followed suit after substantial first-quarter losses. These companies incurred nearly seventy-five thousand crore rupees in losses. This situation arose due to delayed fuel price adjustments by the government.

7 Jul 2026 1:34 am