The biggest prediction about the price of petrol and diesel, July will be so price
New Delhi. The price of petrol and diesel has reached the sky. Although some states have tried to give relief to the common people by reducing tax here, but in the coming months, people may see more inflation in the price of petrol and diesel. If the central government did not try to bring the price of petrol and diesel under the GST, then the price of petrol could reach Rs 110 to Rs 115 per liter in the month of July. This is why the US Bank Gold Shakes has predicted the price of crude oil to reach $ 75 per barrel in the third quarter.
Also read: Mamta Banerjee gave big relief before elections, petrol and diesel cheaper
Goldman foresees that the crude oil price is expected to reach $ 75 per barrel between July and September, according to the third quarter ie the international market. According to the report, Goldman’s estimate is $ 10 per barrel higher than the previous estimate. According to the report, due to reduction in inventories and increase in cost, the price of crude oil may increase. At the same time, demand for crude oil may also increase in the coming days.
Also read: After continuous decline, Nifty 15 thousand, Sensex also close to 51 thousand
Crude at 65 dollars, then Rs 100 petrol
A few days ago, the price of crude oil came to $ 65 per barrel, after which the price of petrol has come to 100 rupees per liter in the country. Now crude oil is expected to reach $ 75 per barrel in July. In such a situation, if the central government does not reduce the excise duty, then the prices of petrol can reach from Rs 110 to Rs 115 per case.
Also read: Not only gold, but copper made more money, they also beat gold
What is the expert saying
Ajay Kedia, director of Kedia Advisory, says that after reaching crude oil at $ 75 per barrel, petrol price could see an increase from Rs 10 to Rs 15 per liter by July. That is, petrol prices in the country can reach from Rs 110 per liter to Rs 115 per liter. Ajay Kedia says that currently the price of petrol and diesel is increasing not from the price of crude oil but from the tax imposed by the Center.
petrol price hike
latest updates on goldman sachs
crude oil prices
crude oil price
Brent crude oil prices
wti crude Oil Price
* You will receive the latest news and updates on your favorite celebrities!
Skoda Kushaq SUV interiors details revealed before March 18 launch
New Delhi. The Skoda Kushak SUV is scheduled to be launched on 18 March. Prior to its launch, the carmaker…
Mary Kom became the chairman of AIBA’s Champions and Veterans Committee
– Olympic bronze medalist and six-time world champion MC Mary Kom of India has been elected the chairman of the…