The possibility of a significant reduction in the prices of petrol and diesel for the third time in a row

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The prices of petrol and diesel in the global market have fallen from 2 to 2.30 dollars per barrel during the last 15 days.

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Earlier, on July 31, the government had announced a reduction in the prices of petroleum products, the price of petrol was reduced by Rs 6 17 paise per liter while the price of diesel was reduced by Rs 10 86 paise per liter. The prices of oil and light speed diesel were also reduced, kerosene oil was reduced by Rs 6 32 paise to Rs 177 39 paise while light speed diesel was reduced by Rs 5 72 paise to Rs 160 53 paise per litre. After the approval, the Ministry of Finance issued an official notification for the reduction in the prices of petroleum products.

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