Relief news on oil prices, government took a big decision amidst the fire in the international market.

Relief news has emerged for the general public worried about the rising prices of petrol and diesel. Amid speculations on social media and many reports about rising oil prices, the government has made its stand clear. According to the government, even though crude oil prices are skyrocketing in the international market and government oil companies are facing huge losses, there is currently no plan to burden the public’s pockets.

According to the latest information, oil companies are currently selling almost Rs. Rs 20 per liter And on diesel approx Rs 100 per liter Suffering a huge loss of Rs. Despite this, the Petroleum Ministry has clearly said that at present there is no idea of ​​increasing the prices of petrol and diesel.

Will prices increase after elections? Ministry told the truth

For the last few days, such news was going viral that as soon as the assembly elections were over, the prices of petrol and diesel would increase. 25 to 28 rupees per liter There could be a huge surge of up to. These news had increased the concern of the common man. However, the Petroleum Ministry has completely rejected these reports and termed them as ‘rumors’. The ministry clarified that no proposal to increase prices is under consideration with the government. According to officials, such news is being spread only to create confusion and fear among the people.

Why is crude oil becoming expensive?

The biggest reason for the rise in international crude oil prices is the ongoing tension in West Asia (Middle East). The government said that last year the crude oil $70 per barrel Was getting around Rs., now its price has increased 113 dollars per barrel Has reached beyond.

The main reason behind this increase is the increasing conflict between America, Israel and Iran. Due to the ongoing tussle between these countries, the world’s most important oil route ‘Strait of Hormuz’ has influenced. This disruption in the supply chain has created a shortage of oil in the global market, due to which prices have increased rapidly.

Outcry across the world, yet prices remain stable in India

The surprising thing is that despite so much turmoil in the international market, the prices of petrol and diesel in India remain stable. The government claims that it is trying its best to ensure that the general public of the country is not affected by the global crisis. According to the statistics, in the last four years, India is included in the list of select countries where the prices of petrol and diesel have been kept under control. At present petrol in the country’s capital Delhi Rs 94.77 per liter and diesel Rs 87.67 per liter But it is stable.