In the past four days, the price of petrol has increased by approximately Rs 2.14 per litre while diesel rate has increased by Rs 2.23.
Petrol and diesel prices have been rise harshly for the past few days in India in the wake of a sharp rebound in international crude oil prices and weak rupee-dollar exchange rate.
In the past four days, the price of petrol has increased by approximately Rs 2.14 per litre while diesel rate has increased by Rs 2.23.
It is anticipated that, petrol and diesel rates may rise further in the coming months as the oil companies attempt to recover losses.
Another reason behind the hike is a strong recovery in global crude oil prices over the past few days, although a recent fall due to oversupply fears.
ALSO READ: Effective ways to save fuel: World Environment Day 2020
