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

Its because the global oil prices have gone up. The Global oil price for one barrel of oil is around 143 $ as of today and is expected to hit 170 $ in 2 to 3 months.

Answered by Vinay Kiran , an ibibo Specialist, at 11:01 PM on July 05, 2008

irresponsibility,black market,

Answered by , an ibibo Citizen, at 8:41 PM on July 05, 2008

not only in india its international situation

Answered by Ramesh , an ibibo Citizen, at 1:29 AM on July 05, 2008