Even if the price of oil comes down so much, our Indian government do not want to pass on the benefit to its users. Instead of bringing down the prices of fuel, they in fact rise it by increasing the excise duty on it. Sad, that Indians not benefited by the global price fall.
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Why The Price Of Oil Is More Likely To Fall To 20 Rather Than Rise To 80
Even if the price of oil comes down so much, our Indian government do not want to pass on the benefit to its users. Instead of bringing down the prices of fuel, they in fact rise it by increasing the excise duty on it. Sad, that Indians not benefited by the global price fall.