India Should Rationalise Taxes as Oil and Gas Prices May Rise Further Before 2025, Expert Says

Nov 7, 2021 | EARNINGS

India’s oil demand is projected to jump 10 million barrels per day by 2030 from its current consumption of 5.05 million per day. As Indian fuel retailers have been selling petrol and diesel at record prices, the Narendra Modi government has either blamed the OPEC nations or skirted responsibility, saying oil refiners determine the fuel prices.

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