Effect of inflation: Petrol-diesel became expensive again today, petrol in Delhi reached 101.64 and diesel at Rs 89.87

Petrol diesel Became Expensive Again Today, Petrol In Delhi Reached 101.64 And Diesel At Rs 89.87

Petrol and diesel prices have increased once again today. Diesel has become costlier by 25 paise and petrol by 30 paise in the capital Delhi on Tuesday. After this, petrol has reached 101.64 and diesel at Rs 89.87 per liter here. Due to the rising prices of crude oil, petrol and diesel may become more expensive in the coming days.

Crude oil can go up to $ 90
, the price of crude oil has started increasing once again. Crude oil is currently at $78 a barrel. In the same month, it had reached $80. Earlier in September 2018, it had reached $80.

Why are prices rising?
In April last year, due to the Corona epidemic, economic activities came to a standstill across the world. Due to this, there was a fall in the demand for crude oil. But this year, the demand for crude oil has increased worldwide after the rate of vaccination increased and the relaxation in Corona guidelines.

However, economic recovery is not the only reason for the rise in crude oil prices. Last month, due to Hurricane Ida, the supply of oil in America was severely affected. There was a drop in prices after the first wave of Corona. After this, the oil organizations of OPEC Plus, Russia, and Saudi Arabia reduced the supply.

Prices may increase further in the coming days
Anuj Gupta, Vice President (Commodity & Currency), IIFL Securities says that due to increased demand for crude oil, it can go up to $ 80 in the coming days. Due to this, the price of petrol and diesel can increase by 2 to 3 rupees.

So far this year, petrol became costlier by Rs 17.67 and diesel by Rs 15.75.
On January 1 this year, petrol was Rs 83.97 and diesel Rs 74.12 per liter. Now it is at 101.64 and Rs 89.87 per liter. That is, petrol has become costlier by Rs 17.67 and diesel by Rs 15.75 in less than 9 months.