{"id":633036,"date":"2024-02-05T10:48:36","date_gmt":"2024-02-05T05:18:36","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=633036"},"modified":"2024-02-05T11:28:14","modified_gmt":"2024-02-05T05:58:14","slug":"price-cuts-for-auto-fuels-unlikely-before-april","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/price-cuts-for-auto-fuels-unlikely-before-april\/","title":{"rendered":"Price cuts for auto fuels unlikely before April"},"content":{"rendered":"<p>Retail prices of petrol and diesel are likely to be cut by state-run oil marketing companies (OMCs) to some extent, just ahead of the general election scheduled in April if crude prices remain below $80 a barrel through this period, sources said.<\/p>\n<p>The OMCs could have cut prices now as the crude prices are hovering below $80\/barrel, a threshold for doing so, but for the heightened uncertainties due to geopolitical tensions. A retail price cut now would have made it difficult for OMCs to raise prices till elections were over even if crude prices shot up.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Retail prices of petrol and diesel are likely to be cut by state-run oil marketing companies (OMCs) to some extent, just ahead of the general election scheduled in April if crude prices remain below $80 a barrel through this period, sources said. The OMCs could have cut prices now as the crude prices are hovering below $80\/barrel, a threshold for doing so, but for the heightened uncertainties due to geopolitical tensions. A retail price cut now would have made it difficult for OMCs to raise prices till elections were over even if crude prices shot up.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,195,138],"tags":[],"class_list":["post-633036","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/633036","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=633036"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/633036\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=633036"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=633036"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=633036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}