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Fuel looting continues; At least part of it is Modi

Kochi: The Narendra Modi authorities has not stopped looting petrol and diesel regardless of the sharp fall in crude oil costs. Regardless of falling by $ 6.46 per liter in 11 days, the Middle has hiked petrol value by Rs 1.28 per liter 4 occasions.

Within the meantime, the value of diesel has been diminished by 17 paise to mud the eyes. Nevertheless, it was reassembled the following day. When the worldwide oil value fell by $ 4.18, the federal government elevated the value of petrol by Rs 1.28 per liter. On the time of the primary shutdown, crude oil costs have been at $ 19 a barrel as gasoline consumption fell globally.

However in India it was diminished by 25 paise. Petrol was nonetheless charged at Rs 72.23 in 2014, when oil was priced at $ 105. The Middle is robbing the individuals of their reductions by imposing a booty tax on oil costs.

Crude costs (in {dollars}), petrol costs (in rupees)

July 2 77.51, 101.14
July 6 75.81, 101. 84
July 8 74. 12, 102. 54
July 10 75. 58, 102.89
July 15 74.07, 103. 52
July 17 73.30, 103.82
July 20 68.47, -103.82
July 21 69.12, 103.82

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