All over the world A good news is coming out amidst the ongoing bruising and business uncertainty. The price of crude oil has come to a 4 -year low. The price of crude oil WTI has come below $ 60. On Thursday morning, crude oil doubletei appeared trading at $ 58.41 a barrel. At the same time, Brent crude was trading at $ 61.40 per barrel. There was a time when the price of crude oil went beyond $ 100, due to which government oil companies had to increase the prices of petrol and diesel in the country.
Strength will be available in the atmosphere of war with Pakistan
India will get financial strength in this war environment with Pakistan due to this huge decline in the prices of creed oil. The price of crude oil for the country like India is very important for the country. Crude oil prices also affect the country’s GDP. Given the current global conditions, there is no possibility of increase in oil prices. This is a good news. Crude oil prices have fallen by $ 10 per barrel in the last 1 month. This has reduced India’s oil import bill significantly.
Prices of petrol and diesel in the country
One liter of petrol is being sold at Rs 94.77 per liter on Thursday in the national capital Delhi. At the same time, diesel is being sold for Rs 87.67 per liter. The cheapest petrol-diesel in India is available at Port Blair. The price of petrol here is Rs 82.46 per liter and the price of diesel is Rs 78.05 per liter. Crude oil prices are now at the level that the government can also reduce the prices of petrol and diesel. Explain that India meets more than 85 percent of its oil requirements with imports.
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