Petrol-Diesel News: The prices of petrol and diesel have increased once again in the country on Tuesday. This is the second consecutive increase in four days, hence it is a cause of great concern for the people. Due to increase in prices of petrol and diesel, inflation also increases. Which has a direct impact on the life of the common man. Just as the prices of petrol and diesel have increased for the second time in four consecutive days, similarly these prices may increase even more in the coming time. Now IOCL official has recently told about this.
IOCL official told…
In fact, after the increase in the prices of petrol and diesel again, an official of IOCL (Indian Oil Corporation Limited) has said that for the convenience of the consumers and to reduce the burden on them, the prices are being increased gradually. Speaking to Informist, an oil company official said, ‘We do not want to do all this at once, because it will affect inflation’.
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The official further said, ‘Our prices are fixed according to a fixed circle and instead of focusing on quarterly profits, we are trying to save consumers as much as possible. The total increase in prices will be decided at the top level, but considering the global situation, this increase was necessary.
Prices increased again on Tuesday
Let us tell you that on Tuesday morning, May 19, the prices of petrol and diesel have been increased once again across the country. Four days ago, there was an increase of three rupees, now it has been increased by 90 paise more. Due to the ongoing war between Iran and the US, the prices of crude oil are continuously increasing globally. Due to which the prices of petrol and diesel are increasing in India also. On May 15, the government had increased the price of petrol and diesel by Rs 3. After which now people are getting costlier petrol and diesel by about Rs 4 in total.
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