Crude oil crosses $80:So expensive after 3 years, if governments do not reduce taxes, petrol and diesel can become more expensive
If the central and state governments do not reduce the tax, then in the coming days in India, petrol and diesel can increase by up to three rupees. The price of crude oil in the international market has reached a record high of three years. Its price has reached beyond $ 80 per barrel. Earlier in October 2018, it had reached $ 78.24. US crude oil WTI has also become costlier by 1.1% to $ 74.80 per barrel. Both have shown a jump for the fifth consecutive day. If the central and state governments do not reduce the tax, then in the coming days in India, petrol and diesel will cost Rs. can grow up to A month ago, the price of crude oil was $ 70 per barrel. Chris Beck, head of the world's largest independent oil trader Vitol Group, said the OPEC group would have to consider increasing production beyond the current plan of four million barrels per day to maintain crude oil supplies. Because, now the demand has become more. Crude may go up...