Petrol price to hit $1.50
PETROL prices will hit $1.50 within three weeks but the worst for motorists will be offset by a weaker US dollar, the Service Stations Association says.
New Delhi, Mar 1 Petrol prices will go up by Rs.1.40 per litre, excluding taxes, from midnight Friday due to the depreciating rupee and a sharp increase in crude oil prices in global markets, the government-run oil marketing firms said Friday.