Petrol prices: If global rates have fallen, why are we paying more?
With fuel prices having soared to three year highs, massive protests have erupted both on social media and on the ground.
by MG Arun
Sep 28, 2017
2 minutes
When the government introduced dynamic pricing for retail petroleum products on June 16 this year under which domestic fuel prices would change daily, in tandem with international rates there was little protest, if any, from the public. Today, however, with fuel prices having soared to three year highs, massive protests have erupted both on social media and on the ground.
The reason, and background, for this is complicated. To begin
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