India to keep gasoline, diesel prices unchanged despite surging crude

India has decided to keep retail prices of gasoline and diesel unchanged for now despite the sharp rise in global crude oil prices, the petroleum ministry said April 29, as ship traffic via the Strait of Hormuz remained constrained amid stalled peace talks between Iran and the US. The ministry said in a statement that refiners were maintaining high run rates and keeping the retail market wellIndia has decided to keep retail prices of gasoline and diesel unchanged for now despite the sharp rise in global crude oil prices, the petroleum ministry said April 29, as ship traffic via the Strait of Hormuz remained constrained amid stalled peace talks between Iran and the US. The ministry said in a statement that refiners were maintaining high run rates and keeping the retail market wellRead More