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Topic : Should fuel prices be deregulated?
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Cut in fuel price

Created by : Nitin Kataria, Product Development Manager, ONGC  | 11 27 2008 08:52:58 +0000
Industry : Oil & GasFunctional Area : India(Markets)
Keywords : Cut Fuel Price
Activity:  532 views;  last activity : 07 06 2010 20:18:09 +0000
Should fuel prices be cut when the oil price has fallen?
  
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So you want general public to face the heat with high in inflation and these agencies had been getting aid from govt. also.
By Sharad Verma, Product Development Manager, Reliance Petroleum  | 11 27 2008 08:59:31 +0000
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Yes I think it should be cut general public should get benefit of the fall in the prices. The price had rised because the price of the oil in the oil market was $180 but now the price has fallen to $90 still general public is paying the same price for the purchase of fuel.
By Nitin Kataria, Product Development Manager, ONGC  | 11 27 2008 08:52:58 +0000
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Even I agree as to they should not change because this would let them to recover loss which these companies are facing from a long time.

By Priyank Tewari, Product Development Manager, Reliance Petroleum  | 11 27 2008 08:57:55 +0000
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No I think they should not be cut its after a long time that IOC would be attaining positive scores in their working capital.

By Shikha Malhotra, Product Development Manager, Reliance Petroleum  | 11 27 2008 08:56:19 +0000
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