Are Fuel Prices Going To Increase Next Week?

As the Ukraine Russia war goes on, crude oil prices have gone as high as $120 per barrel. This will directly impact the petrol prices in India.

Fuel prices are likely to have a rise of ₹8-₹10 after this week. As the state elections have also gotten over, this will directly impact the fuel prices that have been stable for some time now.

The energy prices will also be directly affected by supply concerns from the Russia-Ukraine conflict, with crude oil priced at $120 per barrel on Thursday before pulling back to around $114.