Record drop in rupee: diesel Rs 69.46 and petrol reached Rs 85.33

 27 Aug 2018 ( IBTN News Bureau )
POSTER

In India, diesel prices have reached a high level of Rs 69.46 per liter, while petrol has also reached around 78 rupees per liter. The main reason for this is that the import of crude oil is going to be expensive by a huge decline in rupees.

According to the Public Sector Petroleum Distribution Company, the price of diesel today was 14 paise and 13 paise of petrol went up.

The cost of fuel in Delhi is the lowest in all metros. At the same time, in most state capitals, their prices are lower due to reduced VAT or sales tax.

Earlier on May 29, the price of diesel had reached a high level of Rs 69.31 per liter in Delhi.

Today, petrol in Delhi costs Rs 77.91 per liter and in Mumbai it is 85.33 rupees per liter. However, it was below Rs 78.43 in Delhi on May 29 and Rs 86.24 in Mumbai.

Since August 16, when the rupee has reached its lowest level of 70.32 against the dollar, the price of fuel is constantly increasing.

In the last 12 days, 77 paise increased in petrol. While the price of diesel has increased by 74 paise.

In June last year, oil companies gave up the 15-year-old fuel price arrangement which change in the fuel price on the first and 16th date of every month. In that place, he has adopted the system of change in everyday prices.

 

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