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Fuel prices unchanged despite sharp fall in crude oil
short by / on Tuesday, 16 June, 2026
Petrol, diesel prices remained unchanged across India on June 16 despite sharp decline in global crude oil prices after Hormuz Strait reopened. Oil marketing companies kept retail fuel rates steady in major cities, even as international oil benchmarks fell. Consumers continue to await relief at pumps, while experts monitor whether lower crude prices will lead to future fuel price cuts.
read more at Asianet Newsable