Indian Crude Oil basket at $ 74.34 on 23rd June.
Time to cut petrol, diesel prices .
Dont let OMCs make huge profits , give relief to the common user via petrol and diesel price cuts.
The entire population pays for higher diesel prices via higher transportation costs for all items including food.
Time to pass on the benefit to the economy.
Brent back at $72 . Govt can use this window to unleash fuel reforms.
Link petrol n diesel prices to market rates Reset petrol prices weekly linked to a crude basket with a tolerance band of 20% to begin with
Also reduce commercial power rates as fresh capex cycle is underway.
Crude oil: $112→ $92 →$72
Petrol: Still around ₹110/litre
When crude was rising, Andhbhakts had a thousand excuses. Now that crude has fallen $40 from peak they have gone silent.
Looks like only the excuses got cheaper, not the petrol
Shri Nitin Gadkari ji had promised Petrol would be available for ₹15/litre ! The Ethanol blending policy keeps getting murkier & the government is hiding important information from us !
#EthanolScam E20 E85 E100!!
After E20 petrol was made compulsory... I want to know are we paying for 800ml of petrol and 200ml for ethanol...??? It seems like we are still paying for 100%petrol...if yes then its the biggest Scam India has probably ever seen....Just want to know because with ethanol blending prices should have dropped... @PetroleumMin