In India Election is over, now inflation starts: Petrol-diesel prices increased again for the second consecutive day, petrol 87, diesel 65 paise expensive

With the end of the elections in five states, once again the era of inflation has started. Petrol and diesel prices were increased for the second consecutive day on Tuesday. After which the price of petrol per liter in Jaipur increased by 87 paise to Rs 108 and 81 paise. While the price of diesel per liter has increased by 65 paise to 92 rupees 35 paise per liter. At the same time, on Monday, petrol became costlier by 82 paise and diesel by 88 paise per liter. In such a situation, the increase in oil prices for the second consecutive day has increased the trouble for the common man.

The price of crude oil doubled, yet the price did not increase

The price of crude oil was $ 68.87 on 1 December 2021. At that time the price of petrol in Delhi was Rs 95.41 per liter. On 7 March 2022, the price of crude oil reached $ 139.13. This means that in 102 days, the price of crude in the international market increased by $ 70.26, but there was no change in the price of petrol. At the same time, now that the rates of crude have come down to $ 108. Even then the prices have been increased.

The prices which were increased due to Russia-Ukraine war are now falling.
Due to the ongoing war between Russia and Ukraine, the price of crude oil in the international market rose sharply to $ 139.13 on 7 March. Earlier in 2008, the price of crude oil reached $140 per barrel. However, now the crude prices are falling sharply. On March 10, the price of crude oil had come down to $ 108.7 per barrel. Experts say that the decline in the rate of crude will continue.

LPG also became expensive
Along with petrol and diesel, the government has increased the prices of LPG by Rs 50 per cylinder. After which the gas cylinder will be available in the market for Rs 953.50 instead of 903.50. However, the price of gas cylinders for commercial use has been reduced by Rs. After this change, the commercial cylinder will now be available in the market for Rs.2018 instead of Rs.2026. At the same time, earlier the government had increased the wholesale price of diesel by Rs 25. However, this did not affect the retail petrol sellers. This had an effect on those customers. Those who buy diesel in bulk directly from oil companies.