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BS Top News: Why is the price of Petrol so high ?
Adding to the woes of the common man, petrol and diesel prices were again raised on Monday, a fifth straight day of price hike in as many days by oil marketing companies.
 
 
In Delhi, petrol continued its upward march in the previously uncharted territory of above the Rs 80 mark -- the price was raised by 23 paise a litre on Monday to Rs 80.73. The price of petrol in Delhi crossed the Rs 80 mark for the first time on Saturday, September 8.
 
Similarly, petrol prices in Mumbai were raised by 22 paise to Rs 88.12 a litre.

In this podcast, we explain why the price of oil is touching new highs