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Transporters’ bodies call for gasoline, diesel price cuts are too small and demand further cuts

Friday’s carrier group AIMTC called the recent 14-16 Paisa price cuts per liter across major cities “flashy” and said there was room for up to 40 rupees per liter. It was.

In a statement, the All-India Automobile Transport Council (AIMTC) made this small reduction in gasoline and diesel prices in light of parliamentary elections in four states: West Bengal, Tamil Nadu, Kerala and Assam. He said that was the open truth. .. AIMTC represents truck drivers and units over Rs 950,000.

“We welcome the drop in gasoline and diesel prices by about 14-16 paisas per liter in all major cities, which is Brent crude oil,” said Bar Milkit Singh, chairman of the All India Automobile Transport Council (Core Committee). It was due to the fall in prices. It fell from $ 70 in March to $ 62 in April. “

Currently, gasoline is sold for 90.40 rupees and diesel for 80.73 rupees in the capital. Prices for the two car fuels fell 16 and 14 paisas per liter on Thursday after a 15-day break where OMC kept prices constant.

However, premium gasoline remains above Rs 100 per liter in Mumbai and several other cities across the country.

He said the price of both fuels could still drop by 40 rupees per liter. He further stated that lowering gasoline and diesel prices by 40 rupees per liter is a need for time, and people in the country also want relief in the second wave of the coronavirus pandemic.

AIMTC also said that when international crude oil was US $ 105 per barrel in May 2014, the price of gasoline was Rs 71.41 and that of diesel was Rs 56.71. “In December 2020, when crude oil was $ 47.58 a barrel, Indian gasoline rose to 90.34 rupees and diesel to 80.51 rupees,” he said.

In a statement, Shin said current crude oil prices were at July 2009 levels, with crude oil at around US $ 64.82 per barrel, domestic gasoline prices at 40.62 rupees and diesel prices at 30.86 rupees.

Transporters’ bodies call for gasoline, diesel price cuts are too small and demand further cuts

Source link Transporters’ bodies call for gasoline, diesel price cuts are too small and demand further cuts

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