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Petrol-Diesel Price: Central government supported half the budget of oil companies, work on strategic oil storage postponed

Petrol-Diesel Price: Crude oil prices weakened, yet petrol and diesel prices increased from Rajasthan to Assam.

The central government has given a big blow to oil distribution companies in the last week of the month. The government has halved the amount of equity investment to be made in public sector fuel retailers to Rs 15,000 crore to support projects related to energy transition i.e. green energy. The Finance Ministry gave this … Read more