Friday, 18 May 2018

There is no relief in the rising prices of petrol, how much money can be raised now?

There is no relief in the rising prices of petrol, how much money can be raised now?

New Delhi: The increase in prices of petrol and diesel has remained steady. On Friday, its prices have risen. There is no hope of a possible relief for petrol diesel prices. Petrol price may increase by Rs 4.6 a liter now. New Delhi: The increase in petrol and diesel prices is on the rise. On Friday, its prices have risen. There is no hope of a possible relief for petrol diesel prices. Petrol price may increase by Rs 4.6 per liter.

According to the firm, oil companies have not made any cuts in petrol and diesel prices during the Karnataka elections. The price was kept constant for about 19 days. Due to this, oil companies will have to increase the price of petrol by 6.2 per cent to 4.6 per cent, while the price of diesel will be increased by 5.8 per cent to Rs 3.8 per liter. According to the firm, if crude oil and rupee are stable, oil companies will be able to get their margins at Rs 2.7 per liter. For diesel, the price can increase by Rs 3.5 to Rs 4 per liter. Petrol price may increase by Rs 4 to Rs 4.55 per liter.

According to the estimates from Kotak Institutional Equities, petrol can reach Mumbai at Rs 87. Currently, it has crossed the 83 mark. Diesel can be a new record in Delhi. If the price increases according to the firm, then 70 will cross the figure.

Crude oil at international level has become the most expensive in four years. Brent Crude reached $ 80 a barrel on Thursday. With it crude oil has reached the highest level in the last 4 years. Iran's lack of supply of raw materials has been blamed for rising prices of raw oil prices.

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