Key facts
- Fuel prices in India are influenced by global crude oil prices.
- Crude oil is the primary raw material for petrol and diesel.
- Consumers are checking city-wise fuel rates.
- There is anticipation of potential price hikes.
Fuel prices in India are closely monitored, with consumers keen to know the latest rates for petrol and diesel on June 6. The price of these fuels is significantly dependent on global crude oil prices, which serve as the primary raw material for their production. Residents are checking city-wise fuel rates and considering the possibility of another price hike.