Indian consumers to face more hikes in petrol, diesel prices

New Delhi: Steeper fuel price hikes await Indian consumers as international crude oil rates have crossed $50 a barrel for the first time since March on global demand recovery.

Rising crude oil prices push up rates of refined products such as petrol and diesel, which have already risen by Rs 2.6 per litre and Rs 3.4 per litre, respectively, in three weeks in the domestic market.