Sad News Petrol touches Rs. 90 a litre!!

  • Thread starter Thread starter Bapun
  • Start date Start date
  • Replies Replies: Replies 106
  • Views Views: Views 12,093
Lower the Difference between Rupee & Dollar Oil price will Automatically Decrease
 
Fuel price hike: Petrol prices at record high, breach Rs 91/litre mark in Mumbai
Keeping up with its record-breaking climb, petrol prices today breached the Rs 91 mark in Mumbai. A litre of petrol in Mumbai costs Rs 91.08, up from Sunday’s Rs 90.84 a litre. Diesel price also registered a surge of Rs 0.32 in Mumbai and costs Rs 79.72 per litre. Petrol, in Delhi, costs Rs 83.73 a litre and diesel is retailing at Rs 75.09/litre.
 
Lower the Difference between Rupee & Dollar Oil price will Automatically Decrease
No bro, oil price is something which once goes high, remains high!
Even if ₹ gains 50% against $ and/or crude price falls 50%, there won't be any substantial reduction in oil price. There may be an eyewash of 3-4% reduction.
Edit: Irrespective of whoever in Govt.
 
Last edited:
The startling thing for me is there are just no protests whatsoever even with fuel prices this high. Earlier even a couple of rupees increase would cause all hell to break loose and they would do a partial rollback.

Either the opposition is very weak with no leader to orchestrate the protest or they just don't have the money to employ goons to do it.
 
Back
Top Bottom