Why petrol/diesel prices could stay high at pocket-pinching levels
Apr 11, 2018, 11:40 AM
Crude oil prices have been soaring globally, pushing petrol/diesel retail prices in India higher due to production cuts by OPEC.
Indian imported crude’s average price has risen from USD 56.06 in October 2017 to USD 63.80 in March 2018.
In India, petrol and diesel prices are revised daily, factoring in crude price changes.