Petrol-Diesel Price: There will be relief from the inflation of petrol-diesel after one year! Know why the price may decrease – petrol and diesel price could come down soon know the reason
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According to sources, the oil companies have made up for the old losses on petrol and diesel. They are making a profit of Rs 5 per liter on the retail sale of petrol. Now they have started making profit on diesel also but it is still less than Re 1 per litre. If sources are to be believed, Petroleum Minister Hardeep Singh Puri has appealed to the oil companies to change the retail price of petrol and diesel according to their convenience and scope.
crude price
However, a high official of an oil company said that no decision will be taken in haste. Crude prices fell by about two per cent on Wednesday and Thursday. Brent crude is trading at $ 80.82 a barrel, down $ 0.28, or 0.35 percent, in early trade on Friday. Similarly, WTI is also down by $ 1.87, ie 2.36 percent, at $ 77.79. At one point in March last year, the price of crude oil reached $139 a barrel, its highest level since 2008, after the war between Russia and Ukraine.
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