Oil producers cartel, OPEC+ might still have a say in this, with the group’s scheduled meeting on December 1-2, potentially resulting in a reduction in production targets for 2022
NEW DELHI : Petrol and diesel prices will be reduced only if the current drop in international oil prices is sustained for a few more days, as domestic retail prices are fixed on a 15-day rolling average, official sources said.
Global benchmark Brent crude oil prices remained largely range bound at around $80 to $82 per barrel, levels during November (till November 25).
