👋Hello @HardeepSPuri I think Your Department is sleeping, so just a reminder..
May 18, 2026 : $108.66 per barrel
June 23 : $73.74 per barrel
drop of roughly $35.
$73 per barrel crude oil is approximately about ₹44 per litre of fuel without taxes.
Today we are getting 1 litre : ₹105 Avg.
How long this loot of higher taxes continue?
Now no Oil Bonds nor Oil companies are in loss?
Will this tax loot remain until next elections?🤔
Crude oil is down now from around 120 to 80 dollars and retail petrol price is still up.
Now no one from ministry or TV News media will tell us how much money OMC is earning per quarter and how much tax revenue Govt is making due to this.