Petrol, Diesel Prices May Go Down Below Rupees 60 - Why
Petrol, Diesel Prices May Go Down Further - why
Crude oil prices fell more than $3 to a fresh four-year low under $75 a barrel on Thursday after OPEC decided not to cut production, despite a huge oversupply in world markets. Members of the Organization of the Petroleum Exporting Countries (OPEC), which account for nearly 40 per cent of global oil output, met on Thursday to decide whether to cut production, after oil prices dropped over 30 per cent in just six months.