Home Asia The outpouring of crude prices, fuel prices turn high

The outpouring of crude prices, fuel prices turn high

A slight rise in the price was seen.

The price of petrol and diesel in Delhi was ₹70.91 and ₹66.11 per litre respectively. 

To resolve the US and China trade tension, the fuel prices were withdrawn.

The outpouring of crude prices, fuel prices turn high
The outpouring of crude prices, fuel prices turn high.
The domestic fuel rates after staying constant for a month, a slight rise in the price was seen.
The price of petrol and diesel in Delhi was ₹70.91 and ₹66.11 per litre respectively.
However, it was noticed that since February 10 a rise of ₹63 paise per litre in petrol and ₹55 paise per litre in diesel.
State oil company revise the fuel prices regularly to average rates based on international markets and rate of exchange.
The outpouring of crude prices, fuel prices turn high
The outpouring of crude prices, fuel prices turn high
A $66.7 per barrel rise in crude oil rates was recorded on Monday, but it fell to $66.08 within few hours.
To resolve the US and China trade tension, the fuel prices were withdrawn.
The stress between the two thought to raise the threat to slow down the oil demand globally.