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India announces full deregulation of retail diesel prices


India announces full deregulation of retail diesel prices

Report summary

India has liberalised diesel prices at retail level for all consumers. The policy change marks the conclusion of a two-year long period of gradual retail diesel price hikes to reach international price parity. A deregulated downstream market will encourage private refiners like Essar and Reliance to invest in the retail sector. Amid easing crude import costs, Indian consumers will benefit from a prompt linkage to international prices.

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Description

This Refining and Oil Products Inform report highlights the key issues surrounding this topic, and draws out the implications for those involved.

For participants, suppliers and advisors who want to look at the trends, risks and issues of this topic, this report gives you an alternative point of view to help inform your decision making.

With over 20 years of experience in the refining industry, Wood Mackenzie is a trusted global leader with a reputation for producing consistently reliable information.

Our senior analysts are based in the markets they analyse. They use detailed research data to forecast, benchmark and recognise trends that will help both new and existing participants identify opportunities and avoid risks.

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