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The document discusses India's petroleum and natural gas sectors. It mentions that petrol and diesel prices were slashed in October 2014, but excise duty hikes later eroded the benefits of price cuts. It also notes that deregulating diesel prices would allow India's central bank to cut interest rates. Several other headlines discuss falling global oil prices in 2014 and 2015 due to a production glut.
The document discusses India's petroleum and natural gas sectors. It mentions that petrol and diesel prices were slashed in October 2014, but excise duty hikes later eroded the benefits of price cuts. It also notes that deregulating diesel prices would allow India's central bank to cut interest rates. Several other headlines discuss falling global oil prices in 2014 and 2015 due to a production glut.
The document discusses India's petroleum and natural gas sectors. It mentions that petrol and diesel prices were slashed in October 2014, but excise duty hikes later eroded the benefits of price cuts. It also notes that deregulating diesel prices would allow India's central bank to cut interest rates. Several other headlines discuss falling global oil prices in 2014 and 2015 due to a production glut.
petroleum, natural gas, petroleum products, and liquefied natural gas
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Petrol, diesel prices slashed OCTOBER 31, 2014
Excise duty hikes on fuel erode benefit of price cutsJANUARY 17, 2015 Diesel deregulation credit positive: MoodysOCTOBER 21, 2014 Freeing diesel will allow RBI to cut rates: ReportOCTOBER 20, 2014 Auto industry gives thumbs-up to deregulation of diesel prices OCTOBER 19, 2014 Cut in diesel prices by Rs. 3.56 per litre in offing OCTOBER 16, 2014 Global oil prices in free fall after production glutOCTOBER 16, 2014 Oil producers now enter the dark side of supercycle OCTOBER 12, 2014