Combustion fuel prices were raised for a sixth consecutive day on Sunday by 27 paise, now the petrol price stands at 73.62 in New delhi. By far the highest in the last two years.


Combustion fuel that is petrol and diesel is burning a hole in common man's pocket, petrol and diesel were raised by 1.59 and 1.31 respectively since last six days, the price of petrol and diesel now stand at 73.62 and 66.74 respectively in New delhi. On September 17, the global energy prices were increased by 15 percent after an attack on oil facilities of saudi arabia, thus making supplies to the world a record low.


Global oil prices were on a record high, as an unprecedented drone attack on key oil facilities in Saudi, oil prices are on four months high because of attack.


Saudi has assured the world that normal production will be restored by November, which is 12 million barrels per day. A major chunk of oil import to india comes from saudi arabia, forcing Indian authorities to have talks on restoring normal supplies.


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