Petrol and diesel prices during the last four months on the average surged by a whopping 53 percent, which has piled miseries on the people in tandem with the industries in particular.Federation of Pakistan Chamber of Commerce and Industry (FPCCI) president, Tanvir Sheikh told newsmen that the oil prices hiked in China, India and Bangladesh also, but the costs of production in these countries were low, which would hamper Pakistani exports. Tanvir Sheikh said that the covert subsidies and easy loans in Bangladesh, India and China were giving support to their exports. He told that the impacts of the petroleum products' price-hikes were being assessed.