Reason for increasing oil prices in india
Why petrol price is rising in India? - Find reasons for hike in petrol prices and also know how petrol cost is calculated before increasing the petrol rates. Oil Marketing Companies can The price of petrol used to be stable in India but with the deregulation of petrol in 2010, Oil Marketing Companies can increase the petrol price if large variation in cost is observed by these companies. Oil marketing companies do so by linking the domestic price of petrol to international market rates. Petrol, diesel price rise saga explained It is common knowledge that the price of fuel in India depends upon the global crude oil prices and fluctuations in the same is expected to reflect in