Global petrol prices and impact

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 Interesting facts 

Lowest gasoline price venezuela 0.02 $ or Rs 1.5 per litre

Costliest rate in Hongkong 2.3$ or 168 Rs litre 

Pakistan sells at 48.5Rs a litre

USA sells at 52 Rs a litre 

India exports to srilanka at Rs 33.5 per litre

India it is 90 Rs a litre 

Although at time of MM Singh crude to highest peak 118$

Today it is 51$

Dollar at mmsingh term end 56

Today 73 Rs touched 78 Rs 

When diesel goes up by 10 Rs prices go up by 30% it is seen in last 15 years।

If gasoline comes down prices dont reduce more than 5%.It is one way escalation ।

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