From January 1, petrol and diesel prices will fall in the price of such a rupee, understand the reason
- As the Lok Sabha elections come near, the government is going to give one goat after another. Petrol and diesel prices have started for the past one month. So, we know that in the next one month, petrol can be cheaper upto Rs 6. Because the crude oil in the international market has become cheaper. Also, the rupee has strengthened against the US dollar. Experts believe that petrol in the country can be cheap upto Rs 6. In the last two months, the price of petrol has come down to 14 rupees.
- Price may fall to Rs 6-7
- Kedia Commodity MD Ajay Kedia said that the prices of raw oil are declining because worries are rising for global markets. On October 3, crude oil was $ 86.74 a barrel. Now it decreases 42% to $ 50 a barrel. This means that if petrol price of petrol is Rs 63 per liter in Delhi, then the price of diesel is likely to be 56 rupees per liter.
- Ajay Kedia says that crude oil is likely to come up to $ 47 per barrel. In this case, the rupee can be cheaper. Compared to an American dollar, it can be strengthened up to Rs 69. It is estimated that the price of petrol at the domestic level will be reduced to 6 rupees.
- The price of petrol and diesel depends on this item
- Energy Experts Narendra Taneja said that the oil marketing companies decide the prices of petrol and diesel on three basis.
- Crude (raw oil price) in the first international market.
- -In comparison to the dollar in the country, the price of Indian Rupee is more than the dollar.
- Thirdly, what is the price of petrol and diesel in the international market?