By Admin 
Fuel Prices Hike: As tensions are increasing in the Middle East, people’s concerns regarding the price of petrol and diesel are also increasing. To remove this confusion among the people of the country, government sources said on Monday that there is adequate fuel reserve and supply arrangements in the country. Quoting government sources, news agency ANI said in its report, the current situation of crude oil is not expected to have an immediate impact on domestic fuel prices.
He said, “Petrol and diesel prices are not expected to increase as we have sufficient stock. Petrol and diesel prices are not expected to increase until crude oil prices cross $130. We expect crude oil prices to reach around $100 per barrel.
Officials also said that there is no shortage of fuel in the entire country and the supply at petrol pumps remains stable. He said, “There is no problem of shortage of petrol and diesel at any pump in the country.”
There is no shortage of aviation fuel either
It was also said by the sources that India has intensified its efforts to diversify the import of crude oil to reduce its dependence on the Strait of Hormuz. The government also assured that aviation fuel will be available in sufficient quantity and completely rejected the concerns of stoppage of fuel supply in the aviation sector.
Officials also said that India is not only a producer but also an exporter of aviation fuel. In such a situation, there is no need to worry about ATF (Aviation Turbine Fuel). It was also told by the sources that India is in a stronger position than many other countries in managing the energy supply during the ongoing geopolitical tension. Even many other countries have contacted India to take stock.
New rule on LPG
To prevent hoarding of LPG, the government has increased the gap between refill booking of domestic cylinders from 21 days to 25 days. This means that now you will be able to book another cylinder only 25 days after taking one cylinder. The government wants that people should not accumulate excessive stocks due to fear of increasing tension in West Asia. With this the supply will remain equal for everyone.
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