New Delhi, April 2 -- India has secured crude oil supplies for the next 60 days and maintains adequate inventory levels, with refineries operating at maximum capacity, the government said on Thursday, underlining that there is no shortage of key inputs and no increase in domestic fuel prices despite global volatility.
Addressing a media briefing, Sujata Sharma, Joint Secretary in the Ministry of Petroleum and Natural Gas, said crude availability remains stable and sulphur supplies are sufficient. Retail fuel outlets across the country are functioning normally, she added.
Sharma said the government has taken proactive steps to cushion consumers from global price fluctuations. "To keep prices stable, the Government of India has reduced exci...