Want To Know How Petrol Worth Rs 11 Becomes Rs 60 On Your Bill? Here’s An Eye-Opener


The international oil industry is in one its deepest downturns, with crude oil prices falling more than 70 per cent since June 2014. As on February 3, the price was $35 per barrel, which means petrol prices in India should be about Rs 11.

Yup, you read that right. Yet you’re paying anywhere between Rs 55 and Rs 66 for a litre, depending on where you live. So, what’s ratcheting up your bill? 

Here’s the answer.

COURTESY : Factly 


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