Petrol, Diesel price today: Fuel prices have been increased by Rs 3 per litre as state-run oil companies face mounting losses due to rising global crude oil prices. Experts predict this hike is the beginning of staggered increases, with further modest rises likely if the West Asia conflict persists and crude oil remains above $100 per barrel.

"If this is to continue for longer period of time, it is just a matter of time before the government will pass on some of the price increases," Malhotra said at a conference…

Petrol, Diesel Price (May 14): Petrol and diesel prices remain stable in India despite rising global crude oil costs and West Asian conflict. Oil marketing companies are absorbing…