![Upgrade to boAt Aavante Prime. 5.1 Soundbar – Now Only ₹13,999 [MRP 64,990]](https://savefree.in/uploads/images/202605/image_870x580_6a0426a5ee002.webp?#)
Can't hold fuel losses indefinitely: Officials; crude averages $105 a barrel in May so far
Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -
Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -
Soaring crude oil prices, averaging $105.4 a barrel, are straining oil companies' finances as they sell fuel below cost. Despite government excise duty cuts, losses are unsustainable. Experts suggest gradual price hikes and innovative strategies to manage the transition to renewables while supporting companies' investments and the macroeconomy. What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Angry
0
Sad
0
Wow
0
