fuel

Fuel Prices Slashed Ahead of Lok Sabha Polls

Ahead of the Lok Sabha polls expected in April-May, the government has decided to slash the price of petrol and diesel by Rs 2 per litre, bringing relief to the people. The Ministry of Petroleum and Natural Gas announced on X that Oil Marketing Companies (OMCs) have adjusted petrol and...

South Korea Extends Retail Fuel Tax Cuts Amid Economic Challenges

The South Korean government has announced an extension of retail fuel tax cuts until the end of April in a bid to alleviate the impact of rising consumer prices and bolster confidence in the economy. S&P Global Commodity Insights reports that industry experts are skeptical about the potential impact of...