In the backdrop of a steep hike in the domestic oil and diesel prices, Prime Minister Narendra Modi will interact with CEOs and experts of the global oil and gas sector on Wednesday via video conferencing.
Fuel prices were hiked again on Sunday for the fourth consecutive day, mainly due to surging global crude oil prices. In the national Capital, petrol prices were hiked by 35 paise from Rs 105.49 per litre to Rs 105.84 per litre, while diesel rates were also hiked by 35 paise from Rs 94.22 to Rs 94.57 ,according to Indian Oil Corporation.
Interestingly, petrol now costs 33 per cent more than the price at which aviation turbine fuel (ATF) is sold to airlines. ATF in Delhi costs Rs 79,020.16 per kilo litre or Rs 79 per litre.
