September 26, 2023



The price of petroleum products across the country is likely to decrease by Rs 15 per litre

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Web Desk: Due to the decrease in oil prices in the global market, the prices of petroleum products in the country are likely to decrease by Rs. 15 per liter. According to sources, Ogra has prepared a working paper related to prices for the next 15 days. In 15 days, the oil prices in the world market recorded a decrease, the price of oil in the Brent oil market decreased to 76 dollars per barrel, the government bought oil from the world market at 76 dollars per barrel. Ogra from petroleum products. Two related proposals have been prepared.
In proportion to the global market, relief can be given to the public, the price of petrol can be reduced by Rs 12 per litre, the price of diesel can be reduced by Rs 10, while the price of light diesel can be reduced by Rs 15 and kerosene. A reduction to Rs 13 per liter has been proposed. Sources further say that prices can be maintained by increasing the GST rate.
GST rate on petrol and diesel is nil, petroleum levy has been increased to the last limit of Rs 50 per litre, Ogra will send summary of prices of petroleum products today. The Finance Ministry will take a decision tomorrow after the approval of the Prime Minister.

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