Petrol Price Analysis (Rs 2 roll back possible)
Govt and petrol cos are forcing there inability to reduce petrol price although the prices in international market is at 18months low due to weak rupee, but the fact is something different. Petrol cos can still reduce the prices by Rs. 2.37
Govt and petrol cos are forcing there inability to reduce petrol price although the prices in international market is at 18months low due to weak rupee, but the fact is something different. Petrol cos can still reduce the prices by Rs. 2.37
|
Particulars
|
Basis when hike of Rs 7 was made
|
Current situation
|
|
|
|
|
|
1$ equal to
|
52
|
57
|
|
cost of 1 barrel ($)
|
107
|
91
|
|
cost of 1 barrel (Rs)
|
5,564
|
5,187
|
|
Cost per liter (1barrel = 159 lt)
|
|
|
|
34.99
|
32.62
|
|
|
Reduction Possible
|
2.37
|
