Print Page - India's oil import cost < $70, but fuel prices may stay high

Title: India's oil import cost < $70, but fuel prices may stay high - why?
Post by: Saloni on Jun 30, 2026, 05:02 PM

Source: https://www.ndtv.com/business-news/petrol-diesel-price-today-june-30-india-crude-oil-import-bill-drop-us-iran-war-11705693

(https://i.ibb.co/DfmSPNKc/x-Sa8qm8-RPepo-JZg-O03-Bc-Gzz-Qa97o3nhi-Rw-Q6y4-Kc0-NI.jpg)

Title: Re: India's oil import cost < $70, but fuel prices may stay high - why?
Post by: Rajat on Jun 30, 2026, 05:02 PM

Because some people are ready to pay 200 rupees for a litre of mostly sugarcane juice just because a leader said so.

Title: Re: India's oil import cost < $70, but fuel prices may stay high - why?
Post by: Dev on Jun 30, 2026, 05:02 PM

We used to compare with Pakistan, and they even managed to bring the price down.

Title: Re: India's oil import cost < $70, but fuel prices may stay high - why?
Post by: Prakash on Jun 30, 2026, 05:02 PM

Politicians aren't wrong; the ones who vote for them are. The country is built by its people, and voices like ours are in the minority while the majority don't care.

We may not know which religion is in danger, but the middle class is definitely at risk because of the lower class.

Title: Re: India's oil import cost < $70, but fuel prices may stay high - why?
Post by: Kalpana on Jun 30, 2026, 05:02 PM

Just to make Ambani richer.

Title: Re: India's oil import cost < $70, but fuel prices may stay high - why?
Post by: Gauri on Jun 30, 2026, 05:02 PM

Because the government claims to protect the common man, yet prices keep rising only to fill their own coffers, not ours. It's shameful to question them.

Title: Re: India's oil import cost < $70, but fuel prices may stay high - why?
Post by: Pavithra on Jun 30, 2026, 05:02 PM

Set the fuel price at 1000 for the blind followers, problem solved.

Title: Re: India's oil import cost < $70, but fuel prices may stay high - why?
Post by: Anita on Jun 30, 2026, 05:02 PM

The high taxes fund the rewards that the central government hands out to voters.

Title: Re: India's oil import cost < $70, but fuel prices may stay high - why?
Post by: Niraj on Jun 30, 2026, 05:02 PM

(https://i.ibb.co/Z1KXHnsM/kpic9ngzdeah1.png)

Because it took nearly 70 days for the government to hike pump prices.

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Categories => Personal Finance & Investing => Topic started by: Saloni on Jun 30, 2026, 05:02 PM