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Petrol price hike: Adding fuel to fire in Tamil Nadu

Express News Service CHENNAI: Petrol prices have crossed Rs 100 a litre in Tamil Nadu, and if economists are to be believed, the prices will continue to hover around this rate until international crude oil prices fall. Crude oil prices in the global market increased from around $52 a barrel early this year to around $75 now. This is nearly double the pre-pandemic rate of $39 a barrel. That said, even when prices were low globally, fuel prices were high in India. The reason cited was a shortfall...
Tamil Nadu Venkatesh Athreya Merchants Association News Service Reserve Bank Koyambedu Food

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