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

[Prateek Marwadi]

Of course its a good news for me, but bcoz of shortage of Petrol here i dont hav petrol much at any of my Petrol pump.....

But at one pump i hv 30000litre stock......

bro... how many petrol pumps do u have n r all in varanasi

 

[NinadG]

Petrol price hiked by Rs 3.13 a litre, diesel by Rs 2.71 per litre, with effect from midnight tonight.

The last time the government increased prices of both petrol and diesel was on April 30.

At that time, after two rounds of cuts, petrol prices were raised by Rs 3.96 per litre and diesel by Rs 2.37 a litre, tracking global cues.

Prices of petrol in Delhi (before today’s hike) were Rs 63.16 a litre; while diesel cost Rs 49.57 per litre, Indian Oil Corp (IOC), the nation’s largest oil company, had said.

State-owned fuel retailers IOC, Bharat Petroleum Corp (BPCL) and Hindustan Petroleum Corp (HPCL) revise petrol and diesel prices on 1st and 16th of every month based on average imported cost and rupee-dollar exchange rate in the previous fortnight.


Petrol price hiked by Rs 3.13 a litre, diesel by Rs 2.71 per litre | The Financial Express

 

[IndianMascot]

Wah wah. Nice hike. Enjoy the precious petrol.

 

[Devesh]

 

[Devesh]

bro... how many petrol pumps do u have n r all in varanasi

Nope one in Azamgarh, 2 in Ballia.....

 

[Prateek Marwadi]

Nope one in Azamgarh, 2 in Ballia.....

but how is it a good news for u also as profit is on % basis

 

[Devesh]

but how is it a good news for u also as profit is on % basis

Company give u commission at per litre, its not % basis......

And if u hav 100 litre stock today and price increase 3 rs then tomorrow u will sell it on new pruce and u make 300rs profit......

 

[Prateek Marwadi]

but it ll definitely reach 100 rs in upcoming months

 

[Akash Modi]

lo bhai achhe din aa Gaye

 

[Devesh]

I want Diesel price to touch 65 rs asap.....