Saturday, June 23, 2012

Petrol Price

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


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

No comments: