India Fuel Pricing 101: Crude Imports, Tax Burden and the OMC Mechanism Explained

A solid primer on how global crude costs, OPEC+ moves and a 50-60% tax wedge shape what Indians pay at the pump, with daily revisions set by IOC, BPCL and HPCL.

ndtv-profit-business · 7/3/2026, 2:18:19 AM · Ask about this →