From March 8, petrol-diesel to domestic LPG cylinders can be expensive

Impact of War on India: The effect of the fierce war between Russia and Ukraine is starting to show. Public sector oil companies have increased the prices of LPG. The prices of commercial gas cylinders have increased by Rs 105. At the same time, the price of 5 kg LPG cylinder Chotu also increased by Rs 27. In such a situation, it is believed that after the assembly elections of five states, along with domestic gas cylinders, the prices of petrol and diesel may also increase. Let us tell you that the last phase of elections is on 7 March.

Now commercial and chhotu cylinders have given a blow

After the increase from March 1, the price of commercial cylinder in the capital Delhi has increased from 1907 to 2012 rupees per cylinder. At the same time, the price of a small gas cylinder of five kg has increased by Rs 27 to Rs 569.5. There is currently no change in the prices of domestic gas cylinders by the companies. The prices of domestic gas cylinders are stable after October 6, 2021. In such a situation, the price may increase after the election.

Petrol and diesel prices have also remained stable for the past several months. On November 3, 2021, the central government had cut excise duty by five rupees per liter on petrol and ten rupees per liter on diesel. After this many state governments also reduced their taxes. At that time, the average crude oil price in the international market was $82 per barrel. Crude oil has crossed $ 104 in the fight between Russia and Ukraine.

Crude oil prices not likely to come down soon Crude oil prices are not expected to come down anytime soon. This is because Saudi Arabia, the largest producer, has not increased its production despite the request of the US. In such a situation, the possibility of reduction in the price of crude oil at present is less. According to an official of the public sector oil company, the companies are under pressure due to the rise in the price of crude oil. In such a situation, the price of petrol and diesel may increase soon.