Global crude prices down, Why are India's fuel prices at an all-time high? | The Newshour Debate

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Original Release Date: 21 June 2020

On The Newshour Debate, The Fuel prices have been rising consecutively every day and have now reached an all-time high. On Sunday Diesel prices were hiked by 50 paisa per litre and the petrol prices were hiked by 35 paise. The cumulative increase in rates in the last 15 days is about ₹8.88 for diesel and ₹7.67 for petrol.
The fuel hikes are likely to rise in the next coming days and we don’t know why. The global crude prices have been on the down-low for a while then what is fueling the price spike? Fuel prices burning holes in the savings pockets of Aam Aadmi. Watch the video to know more!

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