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new Delhi. After no increase in the prices of petrol and diesel in the country for about 137 days, an increase of 80-80 paise was done on 22 and 23 March 2022. After this, March 24 was a relief day in this matter. Oil companies did not increase the price of fuel. Now it is being told that on Friday 25 March 2022, the prices of petrol and diesel can be increased again by 80 paise.
If there is an increase in the price of fuel again on March 25, then it will be increased for the third time in four days. Due to this, there will be a big jump of Rs 2.40 in the prices of petrol and diesel within 4 days. The new prices will be effective from 6 am on March 25, 2022.
137 consecutive days was not increased
Government oil marketing companies can change the price of petrol and diesel daily based on the prices of crude oil released internationally. These include oil companies Indian Oil Corporation (IOC), Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited (HPCL). Let us inform that during the recently held assembly elections in five states, there was no increase in the prices of petrol and diesel for 137 days.
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Crude oil price increased by 45%
In the international market, an increase of about 45 percent was registered in the prices of crude oil within these 137 days. At the same time, due to not increasing the price of petrol and diesel in India, the oil companies had to face a huge loss of about 19000 crores. Moneycontrol According to the report, to compensate for this loss, the oil companies will now gradually increase the prices.
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What will be the price after the increase?
If oil companies increase on March 25, then the price of petrol in Mumbai will be Rs 112.51 and the price of diesel will be Rs 96.70. On Thursday, the price of petrol in Delhi stood at Rs 97.01 per liter. At the same time, petrol was getting Rs 88.27 per liter. Earlier, the prices of petrol and diesel were increased on both Tuesday and Wednesday. Let us inform that the prices of petrol and diesel across the country were not increased from 4 November 2021.
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Tags: BPCL, IOCL, Petrol diesel price, Petrol price hike
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