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WHAT ARE PETROL AND DIESEL PRICES?


In February, 2021, the retail prices of petrol and diesel skyrocketed to all-time high. On March 3, petrol price was at Rs 91.17 per litre in the national capital. Diesel price at Rs 81.47 in Delhi. Petroleum products are used as raw materials in various sectors and industries such as transport and petrochemicals.  These products may also be used in factories to operate machinery or generators. Any fluctuation in the price of petrol and diesel impacts the production and transport costs of various items. When compared to other neighbouring countries, India has the highest prices for petrol and diesel.

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