This story is from March 11, 2020

'Oil prices crashed while you were busy destabilising MP govt': Rahul's dig at PM

Former Congress president Rahul Gandhi on Wednesday urged the government to slash the fuel rates as it may "help to boost the stalled economy". He asked the Centre to bring the petrol prices under the Rs 60-mark amid a plunge in global oil rates.
'Oil prices crashed while you were busy destabilising MP govt': Rahul's dig at PM
Congress leader Rahul Gandhi (File photo)
NEW DELHI: In a swipe at Prime Minister Narendra Modi, Congress leader Rahul Gandhi on Wednesday said the BJP might have missed noticing the "35% crash in global oil prices" as it was busy destabilising the government in Madhya Pradesh.
Gandhi asked the Centre to bring the petrol prices under the Rs 60-mark as it may "help boost the stalled economy".
"Hey @PMOIndia (Prime Minister's office), while you were busy destabilising an elected Congress Govt, you may have missed noticing the 35% crash in global oil prices.
Could you please pass on the benefit to Indians by slashing #petrol prices to under 60? per litre? Will help boost the stalled economy," Gandhi tweeted.

The tweet comes a day after 22 Congress MLAs tendered their resignations in Madhya Pradesh, pushing the Kamal Nath government to the brink of collapse.
The comment also came hours after the oil companies announced a cut of Rs 2.69 and Rs 2.33 in petrol and diesel prices respectively. Following the announcement, the petrol price has been revised to Rs 70.29 and diesel to Rs 63.01 per litre in Delhi.
Crude prices tanked on Monday triggered by the clash of oil titans Saudi Arabia and Russia. Monday's rout was triggered by Riyadh driving through the biggest price cuts in two decades at the weekend, following Moscow's refusal to agree to reduce production.

Saudi Arabia and others from oil-exporting cartel Opec (Organization of the Petroleum Exporting Countries) led a push last week to reduce output further to shore up prices amid slumping demand due to the new coronavirus.
But Moscow, the world's second-biggest oil producer, blocked the move -- signalling an alliance with Opec that was aimed at supporting the market was unravelling.
However, brent crude rates have recouped nearly a half of the Monday's loss. Brent crude futures rose $1.26, or 3.4%, to $38.48 a barrel on Wednesday.
(With agency inputs)
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