Gasoline and diesel prices are expected to decrease by 3.5 rupees and 7 rupees per liter, respectively, in two weeks on May 31, according to estimates.
This decrease is due to a decrease in international market prices and a slight decrease in the import premium on gasoline. However, these cuts depend on the remaining tax rates unchanged.
The informed sources indicated that the price of the previous gasoline gasoline is expected to decrease by approximately 3.5 rupees per liter, with a final modification by May 15.
In addition, high -speed diesel (HSD) is expected to witness a decrease of about 7 rupees per liter.
The decrease in gasoline prices in the first place is due to a reduction in $ 1.5 a barrel in international gasoline prices and the decline of $ 3 per barrel in HSD prices during the past two weeks.
Currently, the price of the previous gasoline gasoline is 252.63 rupees per liter, while the HSD price is 256.64 rupees per liter.
This adjustment in fuel prices is likely to affect private transportation, especially small vehicles, vehicles, and wheels, which are widely used by the middle and middle class.