The Indian government will continue intervening in domestic fuel pricing to protect consumers from global oil market volatility, according to the head of Reliance-BP’s fuel retail business. Despite past efforts to deregulate petrol and diesel—petrol in 2010 and diesel in 2014—recent global

India’s petroleum imports climbed 7.7% year-on-year in the first seven months of FY25, reaching 147.24 million tonnes, according to recent government data. The increase comes as the country grapples with a decline in domestic crude oil production, which has dropped by 0.9% compared to the previous year. Rising Energy Demands and Declining Output From April […]