MUMBAI, May 19 -- India's petrol and diesel price hike, alongside a volatile crude oil outlook, is set to ripple across key sectors and is already feeding early market pressure, with analysts warning of further inflation if global oil prices climb. Oil marketing companies (OMCs) finally bit the bullet and raised prices of petrol and diesel by around Rs.3 a litre on Friday amid elevated global prices. More hikes are expected going ahead as under-recoveries remain high. Higher fuel prices are expected to feed quickly into logistics and freight costs, experts said. P11...