"In March, when the crude oil prices were $129 per barrel, the price of petrol and diesel was more than Rs 100 per litre. For the past several months the price of crude oil in the international market has dropped drastically," former MLC and MPCC vice-president Mohan Joshi said in Pune.

The crude oil costs around $76 to $80 per barrel. Despite this, the prices of petrol and diesel are around Rs 106 and Rs 94 per litre, he said.

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The Congress has demanded that the price of petroleum products be brought down to Rs 70 per litre immediately, failing which the party will launch an agitation in the interest of consumers, the party leader said.

Congress leader Ramesh Bagwe said a memorandum was handed over to officials at the HPCL after the agitation.

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