For the last two months, there has been no change in the price of petrol and diesel. Yes, and it's all on the old level. At present, the price of crude oil is also witnessing a sharp decline amidst the onset of the recession. In fact, crude, which went below $100 per barrel a few days ago, has now crossed $100 with a slight improvement. However, it is still being seen in it. For the last two months, the rates of petrol-diesel price have been in the same place and no change has been seen in them.
On the other hand, the government had cut the excise duty on May 21 and the way the price of crude oil is showing a softening, the price of oil is likely to come down in many media distributors. At the same time, the price of crude oil is crossing 100 dollars per barrel. On Monday, the price of WTI crude touched 102 dollars per barrel. At the same time, Brent crude was seen at $105 per barrel. Some states had also reduced VAT after the government cut the excise duty.
With this, this move of the government reduced by Rs 8 on petrol and Rs 6 on diesel. By the way, in order to check the latest rate of petrol and diesel, oil companies give the facility to check the rate through SMS. At the same time, to check the rate, the Indian oil (IOC) consumer will have to write an RSP
RBI steps help banks recover Rs 8.6L cr NPAs in last 8 fiscals
