Milk, crude oil became cheaper than curd, will fuel be cheaper now?

Milk, crude oil became cheaper than curd, will fuel be cheaper now?

A packet of one liter of toned milk in the country is 55 to 57 rupees. While the price of one kg of yogurt is between 70 and 75 rupees. On the other hand, the price of crude oil in India has reached Rs 5561 per barrel i.e. a liter of one liter of crude oil. Even after that, the price of petrol in three of the four metros of the country is more than Rs 100 per liter. At the same time, the price of diesel is more than Rs 90 per liter. A few days ago, Petroleum Minister Hardeep Singh Puri had said that oil companies can cut the price of fuel. But right now there are no such indications from OMC. Let us also tell you how many crude oil prices are being seen from New York to Gulf country and New Delhi.

Crude oil

Crude oil

Crude oil prices in international market

Even though at present, the prices of crude oil are being improved, but crude oil prices were below $ 65 per barrel on Monday morning. Looking at the current data, the crude oil of the Gulf countries is trading at $ 65.36 per barrel with a rise of one per cent. Whereas this morning Brent crude oil prices came to $ 64.41 per onon. Last year’s last year’s last year was Brent crude oil prices at $ 74.64 per barrel. In which so far a decline of $ 10 has been seen.

On the other hand, the price of American crude oil has also seen a significant decline. Currently, the price of WTI crude oil has come up to $ 62.07 per barrel. Whereas this morning prices were at lower level with $ 61.16 per barrel. Whereas two days ago prices were below $ 60 per barrel. If we talk about the current year, then the US oil has seen a decline of $ 10 per barrel.

Crude oil (1)

Price of crude oil in India

On the other hand, if you talk about the price of crude oil in India, it is being seen at Rs 5,300 per barrel. According to the data of the Multi Committee Exchange, crude oil closed at Rs 5,310 on April 11. Had reached the lower level with Rs 5,130. On January 21, the price of crude oil was at Rs 6,525 per barrel. This means that during this time, crude oil prices in India have become cheaper by Rs 1,395 per barrel. According to experts, the main reason for the rise in crude oil prices is to postpone the tariff for 90 days. The effect of which is being seen in prices.

Crude oil (2)

Crude oil is cheaper than milk curd

A barrel crude oil is 159 liters. This means that crude oil in India is Rs 33.40 per price. The special thing is that the price of toned milk in India is getting 55 to 57 rupees. This means that crude oil prices in India are less than the price of milk in India. While the price of curd is 70 to 75 rupees per kg. Now you can comfortably guess how much crude oil prices have reduced in the country. Even in the country, a liter bottle of coke and papsi is also worth 50 rupees. Which is being seen more than the prices of crude oil in the country.

Petrol diesel price (1)

Will petrol and diesel be cheaper?

Now the biggest question is whether the prices of fuel will be low or not in the coming days. Recently, the Petroleum Minister of the country has increased Rs 2 per liter excise duty on petroleum companies due to a decrease in crude oil prices. It may not have affected the common people, but OMC has definitely seen. The government will benefit from this only and only. By the way, Petroleum Minister Hardeep Singh Puri had said that the oil companies of the country can cut the prices of petrol and diesel. But experts say that the government has made relief of 2 rupees per liter from which the OMC could give relief from the two rupees per liter. In such a situation, there may be some delay in getting relief to the common people.

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