Petrol prices rise to an all-time high, going past Rs 84 in Delhi

NEW DELHI: Petrol prices shot to an all-time high on Thursday, going past Rs 84 in Delhi, as state companies raised rates to align with the recent rise in the international market.

Crude oil prices have jumped to their highest levels since February following Saudi Arabi’s decision to take big voluntary supply cut and as US crude inventories dropped. Crude oil was trading above $ 54 a barrel early Thursday, far higher from under $20 a barrel in late April.

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