The prices of domestic LPG cylinders have been increased for the second time in three months in the country. On the other hand, a big update has also come on the prices of petrol and diesel. According to IOCL data, there has been no change in the prices of petrol and diesel in the four metros of the country in almost two weeks. The special thing is that on Friday there was a decline of more than 2.50 percent in the prices of crude oil in the international market.
On the other hand, CRISIL report says that if petroleum companies are to be saved from losses at present, then it is very important to increase the prices of petrol and diesel by Rs 5 per liter. However, in the last month between May 15 and May 25, fuel prices were increased four times. During this period, the prices of petrol and diesel were increased by about 8 percent. Let us also tell you what the prices of petrol and diesel have become in the four metros of the country. Also, what has been the price of crude oil in the international market.
crude oil prices
There was a decline in the prices of crude oil in the international market. Last week, on the last trading day, the price of crude oil fell by more than 2.50 percent. The price of American crude fell by 2.69 percent and closed at $ 90.54 a barrel. On the other hand, crude oil prices of Gulf countries fell by 2 percent and closed at $ 93.09 per barrel. Whereas a few days ago, crude oil prices once again reached $ 100 per barrel. Due to which the fear of inflation increasing once again had increased. If experts are to be believed, there may be fluctuations in the prices of crude oil in the coming days.
price of petrol and diesel
According to IOCL data, there has been no change in the prices of petrol and diesel in all four metros including the country’s capital Delhi. The prices of petrol and diesel in Delhi remain at Rs 102.12 and Rs 95.20 per liter respectively. Whereas in Kolkata the price of petrol is seen at Rs 113.51 and the price of diesel is seen at Rs 99.02. Whereas in Mumbai the prices of petrol and diesel are seen at Rs 111.21 and Rs 97.83 per liter respectively. Whereas in Chennai the price of petrol is seen at Rs 107.77 and in Chennai the price of diesel is seen at Rs 99.55 per liter.
How expensive did petrol and diesel prices become in May?
There has been an increase of about 8 percent in the prices of petrol and diesel in the second half of May. If we look at the data, on May 15, there was an increase of Rs 3 and Rs 3.29 per liter in the prices of petrol and diesel respectively. After that, on May 19, an increase of 90 paise per liter was seen in the price of petrol and diesel. On May 23, an increase of 87 paise per liter was seen in the price of petrol and 91 paise per liter of diesel. After that, finally on May 25, petrol became costlier by Rs 2.61 and diesel by Rs 2.71.
Increase in price of gas cylinder
The price of LPG (LPG) in the country has been increased by Rs 29 per cylinder. This is the second increase in three months as government fuel retailers continue to face challenges due to growth in the global energy market. According to industry sources, the price of 14.2 kg LPG cylinder in Delhi has increased from Rs 913 to Rs 942 since June 7. This is the second increase after the increase of Rs 60 per cylinder made on March 7 after the conflict in West Asia disrupted global energy supplies and increased international fuel prices. According to sources, before the latest revision, government oil marketing companies were incurring a loss of about Rs 703 on each LPG cylinder sold.
