Brent falls below 100 US dollars when addressing the country
Brent was at $97.22 a barrel on Monday. Another crude oil WTI $93.83. India is also importing some cheap oil from Russia.
Crude oil (Brent crude) has hovered above $100 a barrel in world markets for more than a month and a half in the wake of the Russia-Ukraine war. Which has pushed the price of the product by exaggerating the energy of the country. This time Brent is below $100. As a result, the question arose, will the reflection be seen in the country? Or will ordinary people be deprived of the solution to reduce prices as always?
Brent was at $97.22 a barrel on Monday. Another crude oil WTI $93.83. India is also importing some cheap oil from Russia. Sources in the state-owned oil company argue that the impact of world market prices fell on India a couple of weeks later. The dollar-taka exchange rate and the international petrol-diesel price are also taken into account. According to the concerned quarters, petrol-diesel should be reduced at least a little this month as crude oil has come down so much.
However, citing past experience, they point out that the way in which the price of fuel has started rising in the country with the rise in world oil prices is not reflected in the way it has been. Fingers crossed for example last November. At that time, the Center had reduced excise duty on petrol by Rs 5 and diesel by Rs 10. As a result, petrol at IOC pumps in Kolkata was reduced by Tk 104.6. Diesel 69.79 rupees. After that it was fixed for 138 days from November 4 to March. But at one point in November, Brent crude dropped to $80. Named after 8. Further down December 1, 6.94. The WTI was also in turmoil. But prices have not dropped in India. However, on the pretext of increasing the cost of imports, the prices started increasing by leaps and bounds. Petrol reaches unprecedented heights. At the IOC pump in Kolkata, his liter is now Rs 115.12. Diesel has crossed Rs 100 again somewhere in the state, somewhere in its mouth. 99.63 in Kolkata. Concerned neo-hippies and their global warming, i’ll tell ya.