News Petrol price hiked by Rs 3.13 a litre, diesel by Rs 2.71 per litre

DashMajor

EntMnt Knight
yes....considering life span of SUV....I think there was a proposal before govt like this....
Even if we stop SUV sales somehow from this then what about Alto users they also consuming diesel, I want different pricing of Car Owners and Transports, Chidambaram declined it without considering and Jaitely not even think about it seems. Also loose Diesel consumption in Industries in whole sale rate making huge Zero in our economy but problem is that our beloved politicians themselves holds industry like this.
 

Ras Al Ghul

EntMnt Regular
EntMnt Regular
but it ll definitely reach 100 rs in upcoming months
No.Brent crude is at 66-67 now.And all projections say that it will come down from these levels.Infact long term Brent prices are expected to be around 70USD per barrel and i am talking 2025 kind of long term.The crude price of 120 a barrel are gone.
 

Prateek Marwadi

EntMnt Rockers
Finest Member
No.Brent crude is at 66-67 now.And all projections say that it will come down from these levels.Infact long term Brent prices are expected to be around 70USD per barrel and i am talking 2025 kind of long term.The crude price of 120 a barrel are gone.

depends on geo-political tensions. n wat we expect - always opposite occurs. brent crude ll rise to 150-175 till 2025 but gradually.
also dollar ll b appreciated to 80 in long term.
 

Technoglitch

Core Member
another reason is the joint oil drill in kuwait-Saudi arabia has been put on hold for new MoU and since summer is nearing, the shut down would be implemented in some oil refiners.
 

scorpionking76

EntMnt Knight
depends on geo-political tensions. n wat we expect - always opposite occurs. brent crude ll rise to 150-175 till 2025 but gradually.
also dollar ll b appreciated to 80 in long term.
So then we will pay 250 rupees for a litre of petrol. vegetable prices will be minimum 150 per kg, wow amazing news . Entry level package will be 5 lack per month
 

Prateek Marwadi

EntMnt Rockers
Finest Member
So then we will pay 250 rupees for a litre of petrol. vegetable prices will be minimum 150 per kg, wow amazing news . Entry level package will be 5 lack per month
bro... please explain ur calculations too as this is nowhere near to the reality.
n also 26rs petrol/l in 2000 is now at 76 rs/l in my area.
btw i m a stock market player so easily predict the future of oil prices as these r related to my profession only.
 
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