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Amid falling international crude oil prices, neighboring countries like Pakistan, China, and Nepal have reduced petrol prices. While prices in Sri Lanka and Bangladesh have risen, India's fuel prices remain stable at ₹108.71 per liter. Experts suggest that a price hike of ₹2.5 per liter might be necessary in India to cover oil companies' losses. Significant price reductions in India are only expected if crude oil falls between $70-$80 per barrel. https://sambad.in/india-and-beyond/petrol-prices-cut-in-pakistan-china-nepal-and-myanma-12000524 #creator program
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