Canada Global(Web News)From November 15 to the next 15 days, the prices of petrol and high-speed diesel are expected to decrease by 8 to 10 rupees per liter, which is mainly due to the decrease in crude oil prices in the global market.
According to the report, informed officials say that during the last 2 weeks, the global prices of diesel and petrol have decreased, but during the same period, the value of the rupee has decreased against the dollar, due to which consumers are buying petroleum products in the global market. Less will benefit from price cuts.
The price of diesel fell an average of $9 a barrel during the week to $104 a barrel from about $113, while gasoline fell to $90 a barrel from $91, officials said. Compared to this, the price of the dollar increased by 6 rupees, which increased from 280 rupees to 286 rupees.
