Crude Oil Transport Costs Rise Eightfold, Fuel Prices Likely to Increase
The cost of transporting crude oil has increased from $3 to $20, an eightfold rise. This surge comes amid a 47% increase in crude oil bills in September and Brent crude prices crossing $113 per barrel. These factors suggest that petrol and diesel prices in India are likely to rise soon. The situation is influenced by geopolitical tensions, including attacks on Saudi oil facilities.
AajTak·




