The Live Ahmedabad
  • Home
  • Ahd City
  • Business
  • Entertainment
  • Education
  • Crime
  • Health
  • Politics
  • Sports
  • Featured

The Live Ahmedabad

  • Home
  • Ahd City
  • Business
  • Entertainment
  • Education
  • Crime
  • Health
  • Politics
  • Sports
  • Featured
Nation

Petrol-diesel rates likely to drop, the oil companies indicated

by TLAteam June 8, 2023June 8, 2023
written by TLAteam June 8, 2023June 8, 2023
Petrol-diesel rates likely to drop, the oil companies indicated

Petrol and diesel rates are likely to decrease in the next few days. Oil companies have indicated that. Oil prices on the world market rose after the Ukraine war broke out last year. But still fuel prices have not been hiked in India. Due to this, the oil companies had to bear a lot of losses. Later, when oil prices stabilized, fuel prices were not reduced. Because the oil companies were covering their losses.

Business News

Now the recovery of this loss is quite complete. Also, the balance sheets of oil companies have also become profitable and therefore, oil prices are expected to fall in the coming days.

Along with maintaining the supply in the global market, the losses of the companies have also been covered. Similarly, oil companies have also benefited well in the last quarter. Apart from this, the oil companies are also getting good profit from the sale.

There is information that the Ministry of Petroleum has given instructions to reduce the prices of petrol and diesel so that the common citizens can also benefit from the profit.

What are crude oil prices?

Brent crude oil was trading 0.16 percent higher at $76.90 a barrel. Also, WTI crude oil was trading at $72.50 a barrel, down 0.04 percent. Meanwhile, the prices of petrol and diesel have been revised in many cities of the country. Oil has become expensive in some places and fuel has become cheaper in some places.

Ahmedabad cityAhmedabad newsGujarat newslatest news
0 comment
previous post
Twitter users ask whether 40 LPA is sufficient for survival in India, The comments are hilarious
next post
Bikini Clad Samyuktha Hegde looks ravishing in these pictures

You may also like

New Financial Rules from June 1: EPFO, Aadhaar...

June 1, 2025

COVID-19 Cases Rise in India, Over 3,000 Active;...

June 1, 2025

Indian Tourist Attacked by Tiger in Thailand While...

May 31, 2025

Modi Government Launches ‘1600’ Number Series to Stop...

May 31, 2025

June 2025 Bank Holidays: State-Wise List and Total...

May 31, 2025

WhatsApp to Stop Working on Some Old Phones...

May 31, 2025

Facebook Sees Spike in Harmful Content as Meta...

May 31, 2025

India’s Active COVID-19 Cases Rise to 2,710; Kerala...

May 31, 2025

Karnataka Bans Hookah Bars, Raises Tobacco Buying Age...

May 31, 2025

Baba Vanga’s 2025 Predictions: These Zodiac Signs May...

May 30, 2025

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

Business News

Recent Posts

  • Gujarat Vidhyasahayak Recruitment for Classes 1 to 5 Cancelled, New Process Coming Soon

    June 1, 2025
  • Khushboo Kankan Flaunts Glamorous Look in Green Bikini

    June 1, 2025
  • Ahmedabad Collects ₹834.8 Crore in Property Tax with Advance Rebate scheme

    June 1, 2025
  • Adani Ports taps its Largest Ever Domestic bond – 5,000 crore 15-year NCD

    June 1, 2025
  • New Financial Rules from June 1: EPFO, Aadhaar & More Updates

    June 1, 2025
June 2023
MTWTFSS
 1234
567891011
12131415161718
19202122232425
2627282930 
« May Jul »
The Live Ahmedabad
Footer Logo
  • Home
  • Ahd City
  • Business
  • Entertainment
  • Education
  • Crime
  • Health
  • Politics
  • Sports
  • Featured
  • Privacy Policy
  • Disclaimer
  • Cookie Policy
  • Terms of use
  • Advertise with Us
  • Work With Us
  • Contact Us

© 2021 - The Live Ahmedabad. All Rights Reserved.