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The Economic Times

Politics

When crude oil prices fell, why did petrol, diesel become more expensive, asks Kharge

Oil Mallikarjun Kharge Petrol Narendra Modi Inflation

New Delhi: Congress president Mallikarjun Kharge attacked the Modi government on Tuesday over the rising fuel prices and asked why relief was not provided to people when crude oil prices fell during the last 12 years.

Kharge cited an official statement by the PIB to state that exactly 12 years ago today -- on May 26, 2014 -- when Prime Minister Narendra Modi assumed office, the price of crude oil in the Indian basket stood at USD 108.05 per barrel, and the Dollar-Rupee exchange rate was Rs 58.59.

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