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Petrol price may rise by Rs1.47, diesel Rs7.50 per litre from tomorrow

 The guardian government might expand the cost of petroleum by Rs1.47 per liter and rapid diesel (HSD) by Rs7.50 per liter after the trade change for the following fortnight beginning from February 16, 2024 (tomorrow).

The principal expansion in the POL costs is what is happening on the development of oil vessels and different boats in the Red Ocean as a result of the ceaseless assaults from Houthis, official sources told The News.

In any case, without trade change, the petroleum cost is probably going to lift by Rs1.97 per liter from an ex-stop deal cost of Rs272.89 per liter to Rs274.86 per liter. Similarly, the cost of diesel without trade change is probably going to increment by Rs9.20 per liter from Rs278.96 per liter to Rs288.16 per liter. The lamp fuel cost has additionally been probably going to go up by Rs1.57 per liter to Rs188.19 per liter from Rs186.62 per liter on the off chance that the dollar-rupee trade isn't changed. The cost of Light Diesel Oil (LDO) may likewise flood by Rs3.73 per liter to Rs170.59 per liter from Rs168.86 per liter.

The superior on petroleum has been worked out at $9.43 per barrel and HSD $6.50 per barrel in the worldwide market by virtue of constant assaults on the boats in the Red Ocean. Be that as it may, the ex-processing plant cost of petroleum is probably going to increment to Rs191.44 from Rs189.47 per liter and the new ex-treatment facility cost of diesel will be at Rs207.76 per liter, lamp oil Rs177.80 per liter and LDO Rs164.14 per liter.

As of now, the public authority is charging Rs60 per liter on petroleum as oil advancement demand (PDL). Buyers are likewise paying Rs5.69 per liter on petroleum as IFEM (Inward Cargo Balance Edge), Rs7.87 per liter as OMCs edge and Rs8.64 per liter as vendors edge.

Moreover, the public authority charges Rs60 per liter as PDL on HSD. The people who consume HSD in their vehicles likewise pay Rs4.24 per liter as IFEM, Rs7.87 per liter as OMCs edge and Rs8.64 per liter as vendors' edge.

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