2024-06-11 09:41:56
(24News) All information of enhance within the costs of petroleum merchandise had been damaged within the present monetary yr.
Because of the circumstances of the Worldwide Financial Fund (IMF), a levy of Rs 60 was imposed on petrol and diesel for the primary time in historical past, the costs of petrol and diesel additionally reached the very best stage within the nation’s historical past. 6 rupees 36 paisa and diesel turned costly by 9 rupees 72 paisa per liter. Through the present monetary yr, electrical energy shoppers had been burdened by greater than 1700 billion rupees via electrical energy tariff and adjustment prices. As a consequence of inflation, the issues of the folks have elevated.
At the start of the present fiscal yr 2023-24, the worth of petrol per liter was Rs. 262 and the worth of diesel was Rs. 260.50 paise. On September 16, 2023, within the present monetary yr, throughout the caretaker authorities, petrol reached the very best stage within the nation’s historical past at 331 rupees 38 paise and diesel at 329 rupees 18 paise per liter.
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Within the yr 2024, the residents had been below the strain of the ever-increasing costs of electrical energy, the burden of greater than Rs. Greater than 700 billion rupees of month-to-month and quarterly changes are included, fuel has been hiked twice within the present monetary yr, on November 1, 2023, fuel has been hiked as much as 172% for home shoppers.
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For the second time, on February 1, 2024, the worth of fuel for home shoppers was elevated by 67%, together with growing the worth of fuel, the mounted prices on non-protected shoppers had been additionally elevated from Rs. 460 to Rs. 2000 thousand.
Aside from this, a rise in crude oil costs has additionally been recorded within the world market, crude oil costs have elevated by 3% within the world market.
Based on reviews, throughout buying and selling, Brent crude oil was bought at $82 per barrel, whereas WTI crude oil was on the stage of $78 per barrel.
World fuel costs rose 1 % to commerce at $2.94 cents per mmbtu.
Analysts anticipate Brent to rise to $86 a barrel within the third quarter.
2024-06-11 09:41:56