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

Sevagram Ashram Trust announces fellowship for studies in...

July 1, 2025

Cabinet Clears ₹1.07 Lakh Crore for Job Creation,...

July 1, 2025

Air India Delhi-Vienna Flight Drops 900 Feet After...

July 1, 2025

Big Changes From July 1: Aadhaar PAN Link,...

July 1, 2025

Big Changes in Railways: Charts 8 Hours Early,...

June 30, 2025

Himanshi Khurana Shares Throwback Photo, Calls Bigg Boss...

June 28, 2025

‘Kaanta Laga’ Fame Shefali Jariwala Passes Away at...

June 28, 2025

Shikhar Dhawan Opens Up About Personal Life and...

June 27, 2025

CJI BR Gavai Asserts Constitution’s Supremacy Amid Ongoing...

June 27, 2025

Shikhar Dhawan Opens Up About 2006 Australia Tour,...

June 27, 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

  • Sevagram Ashram Trust announces fellowship for studies in Gandhian Thoughts

    July 1, 2025
  • 4,000 Investors Cheated in ‘Pump-and-Dump’ Scam Run from Ahmedabad; SEBI Launches Probe

    July 1, 2025
  • Ahmedabad Streets in Trouble: Potholes, Waterlogging Hit 13 Areas

    July 1, 2025
  • Fake Doctor Without Medical Degree Arrested by SOG in Changodar

    July 1, 2025
  • Cabinet Clears ₹1.07 Lakh Crore for Job Creation, Major Boost to Employment and R&D by Modi Government

    July 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.