From crude oil prices, the price of petrol will be 23 ₹, diesel 26 ₹ cheaper

Today, petrol in Delhi is Rs 76.24 per liter. Similarly, diesel Delhi is sold at Rs 67.57 per liter. The diesel in India is so expensive for the first time in history.

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New Delhi: After the prices of petrol and diesel have reached the highest level so far, questions are arising now that why is this happening, whether the price of crude oil in the international market has increased so much that preventing rising prices The current government is not talking about bus.

To check this, we have to see the conditions of the year 2014. After the comparative analysis of prices of petrol, diesel and crude oil in the international market, it will be digested that the prices of petrol and diesel prices are stuck.

Let us tell you that today petrol in Delhi is Rs 76.24 per liter, which is by far the most expensive. Earlier, petrol was sold at Rs 76.06 per liter in September 2013, which was the highest ever so far.

Crude oil vs petrol-diesel price

When Modi took over the government in May 2014, the petrol was sold at Rs 71.41 per liter in the country. Similarly, in May 2014, diesel was 55.49 rupees per liter. Then the crude oil price in the international market was $ 106.85 per barrel.

What is the situation now?

Today, petrol in Delhi is Rs 76.24 per liter. Similarly, diesel Delhi is sold at Rs 67.57 per liter. So expensive is the first time in diesel history.

What is the price of crude oil in the international market now?

Currently, the crude oil price in the international market is $ 80 a barrel. That is, the cost of crude oil is 25% less than 2014. (In 2014 the price of crude oil in the international market was $ 106.85 per barrel).

It means that the Manmohan Singh government bought crude oil worth $ 106.85 a barrel and sold 71.41 rupees per liter and diesel sold 55.49 rupees per liter.

So what should be the cost of 80 dollars per barrel?

Accordingly, if the Modi government is sold by the Manmohan Singh government so expensive petrol, then it will sell 53.47 rupees per liter. That is, the customer got cheaper petrol of 22.77 rupees. If the same formula is applied to diesel, then it should be sold at Rs 41.54 per liter, which is 26 paise cheaper.