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Price Revision: In talks with oil marketing cos on price cut possibility, says fin min source

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Price Revision

In talks with oil marketing cos on price cut possibility, says fin min source

This story was originally published at 11:58 IST on September 19, 2024  Back
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By Priyasmita Dutta

The finance ministry is in talks with the oil ministry and oil marketing companies to consider lowering pump prices, a senior finance ministry official said today. However, the fuel retailers have expressed the need to first make up for the losses that they incurred previously when crude oil prices were high.

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