Jet fuel Price up 6.7%; Massive changes in Petrol Diesel Price

New Delhi: The common man may find it very expensive to buy petrol and diesel soon. There is no change in fuel prices in the country for about two months by the Oil Marketing Companies (OMCs). It is now reported that the trend may change soon after the election results are declared on May 2.

Changes in Fuel Prices:

According to government sources, after the results of the assembly elections, i.e. after May 2, oil prices will increase. Explain that there has been a big increase in the price of aircraft fuel by 6.7 on Saturday. Due to the cost of crude oil in the global market, retail prices of diesel and petrol can also be increased soon.

Government oil marketing companies increased the price of Aircraft Fuel (ATF) in Delhi by Rs 3,885 per thousand liters, 6.7 percent to Rs 61,690.28.

Due to variation in sales tax rates on various states petroleum, there may be different prices of ATF. Earlier, companies had reduced the price of ATF twice. It was reduced by three percent on April 1 and by one percent on April 19.

Petrol in Delhi is costing Rs 90.40:

The prices of diesel and petrol have remained at the same level for the 16th consecutive day. Petrol in Delhi is costing Rs 90.40 and diesel is Rs 80.73 per liter. Officials have indicated that prices of motor vehicle fuels may be revised soon.

An official said that prices have been continuously rising for the last four days (27 April) and during this time, crude oil has become expensive in Dubai by $ 2.91 per barrel. The retail and petrol prices of petrol and diesel are 60 per cent and 54 per cent respectively of the central and state level taxes.

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