Petrol in India is costlier than 98 countries while diesel is more expensive in India than 136 other countries.
Petrol costs less than a dollar in the OPEC region and USA, in Russia, Japan, China, it is priced between $1-2 dollars based on PPP calculation, according to a report in The Economic Times.
In September, state-owned oil companies hiked petrol prices by Rs 3.14 per litre, the third hike this year.
Petrol prices were freed from the government control in June last year.
Tuesday, 25 October 2011
Indians pay the highest for petrol, diesel! - Rediff.com Business
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