#mehangai news - Explained: If crude prices are at 2004 levels, why are we paying double the price for petrol, diesel?

FirstpostExplained: If crude prices are at 2004 levels, why are we paying double the price for petrol, diesel?FirstpostThe price of the Indian basket of crude oil averged at $30.53 per barrel in February 2016. The last time the price hit $30 was in January 2004. In February 2016, the prices of petrol stood at Rs 59-66.05 per litre across four metros in the country ...More freedomBusiness Standardall 2 news articles »

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