Fuel prices skyrocket


Diesel and petrol are crossing the 100 mark because the central authorities has repeatedly raised gas costs to make a revenue for corporates. Following the announcement of the outcomes of the 5 state elections, the central authorities has made gas worth hike a routine. Gasoline costs have been hiked for seven consecutive days within the state. Elevated 9 occasions in March alone. Inside 10 days, petrol costs have been hiked by Rs 7.01 and diesel by Rs 6.76. 4 and a half months later, diesel costs have crossed Rs 100 once more. Diesel was priced at Rs 100.15 in Thiruvananthapuram on Thursday. 113.28 for petrol and Rs. The reason being that the worth of oil has gone up within the worldwide market. Nonetheless, when the worth began rising once more on the twenty second, it was $ 115.48 per barrel.

The inventory traded decrease at $ 110.23 on Tuesday. Inside per week, oil costs had fallen by $ 5.25, whereas petrol costs had risen by Rs 6.14 and diesel by Rs 5.92. Oil costs have been at an all-time low of $ 7.13 on Thursday. Nonetheless, the hike was Rs 7.01 per liter for petrol and Rs 6.76 per liter for diesel. The value of cooking fuel is not any completely different. In early March, the worth was hiked by Rs 107 per industrial cylinder. 50 per family cylinder.

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