Free-market (what would happen without control)
Any company (tata, reliance, private brands) can freely set petrol prices like Coke
Prices rise and fall daily only by crude oil price + competition. Same like USA AND EUROPE
No big govt taxes (or very little).
Govt doesn’t interfere — only acts as a regulator for safety and quality.
End result: Prices are market-driven. If crude oil falls, you immediately benefit. But if crude rises, you feel the full pinch.
Posted by Ancient_Quantity_203