fuel prices in any country depends on the cost of crude oil per gallon and it is decided by the opac (it is the world organisation looking for petroleaum products). As u know the the crude oil is in limited state and we are consuming it very fastly. So, as the oil is finishing fastly the prices are to be increased obviously. the current price of crude oil is about 145 $ per barrel
Answered by
yogesh
, an ibibo Citizen,
at
10:58 AM on July 08, 2008