Petrol Diesel Price: Lakhs of people across the country travel by car or bike every day. Whether going to office or anywhere else… everyone uses their vehicle. However, this journey has become a bit expensive for those people who come from middle and poor class. In the last few years, there has been a huge increase in the prices of petrol and diesel, which has a direct impact on people’s pockets. Now Lok Sabha Elections A report has come out before, which has raised the expectations of the general public. It has been said in this report that the price of petrol and diesel may come down significantly in the coming few weeks.
Why could there be a cut?
ICRA Limited Group has said that the profits of Indian oil companies in petrol and diesel have increased, after which oil prices may come down. It has been said in the report that after this increased margin, a reduction in oil prices can now be announced. However, when and how much this announcement will be is not yet clear.
How much lower can the price go?
However, this will be possible only when the prices of crude oil remain stable, that is, if the prices of crude oil increase then it will not be possible to reduce the prices of petrol and diesel. The report claims that oil prices may come down by around Rs 6 to Rs 11. If this really happens then it will be a big relief for the common people.
Let us tell you that even before this, many types of news had come out regarding the prices of petrol and diesel, after which the Petroleum Minister had made it clear that at present there is not going to be any change in the prices. Talking about the current prices, currently the price of petrol in the capital Delhi is Rs 96.72 per liter. Whereas diesel is being sold at Rs 89.62 per litre.
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