Hindustan Petroleum Corp Ltd

Fuel price cut call: Transporters body urge Centre to cut petrol, diesel prices

The All India Motor & Goods Transport Association (AIMGTA) has urged the Centre to reduce petrol and diesel prices, arguing that a sharp decline in international crude oil prices should be passed on to consumers and the transport sector, reported PTI. In a representation to the government, the association said global crude oil prices have fallen from around $104 per barrel to about $90 per barrel, creating room for a reduction in domestic fuel prices. The transporters' body said elevated...