{"id":525549,"date":"2022-09-28T12:02:50","date_gmt":"2022-09-28T06:32:50","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=525549"},"modified":"2022-09-28T12:02:50","modified_gmt":"2022-09-28T06:32:50","slug":"omcs-unlikely-to-cut-fuel-prices-despite-fall-in-crude-rate","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/omcs-unlikely-to-cut-fuel-prices-despite-fall-in-crude-rate\/","title":{"rendered":"OMCs unlikely to cut fuel prices despite fall in crude rate"},"content":{"rendered":"<p>NEW DELHI:  Oil marketing companies (OMCs) are not likely to reduce the transport fuel prices in the domestic market even as crude prices fell below $85 a barrel in the international market, lowest since January 14, 2022. An official from one of the OMCs, on condition of anonymity, said oil companies have suffered a major loss in the past few quarters, thus there is no scope to cut the fuel price.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Oil marketing companies (OMCs) are not likely to reduce the transport fuel prices in the domestic market even as crude prices fell below $85 a barrel in the international market, lowest since January 14, 2022. An official from one of the OMCs, on condition of anonymity, said oil companies have suffered a major loss in the past few quarters, thus there is no scope to cut the fuel price.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,207,143],"tags":[],"class_list":["post-525549","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-new-indian-express","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/525549","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=525549"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/525549\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=525549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=525549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=525549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}