PRICE INFLATION Will the PETROL prices go down ??? About a year back when the crude oil was at $ 159 per barrel, the petrol prices in India was maximum Rs.58-60 per Liter. Today when crude oil price is in the range of $ 100 / barrel, the petrol prices are in the range of Rs.66 to 68 per liter.
Friends, what do you think - how far it is justified and is really petro cos. are facing losses due to this....???