Petrol-Diesel Price: On the other hand, common people have been troubled by the prices of petrol and diesel for a long time, while on the other hand, the earnings of oil companies have remained strong. In the coming days, the movement of crude oil and the policy of the government will decide whether petrol and diesel will be cheaper or not. Margins of oil marketing companies have again increased to their previous levels. This means that companies are earning well on every liter of petrol and diesel, but at present the benefits are not reaching the customers. At the same time, a report has again intensified the debate as to why the public is not getting relief when the earnings of oil companies are increasing. From here you can know about this report in detail.

What’s in the report?

The difference between the price at which oil companies buy crude oil and the price at which they sell petrol and diesel after processing is called their margin. According to the report of global brokerage firm JP Morgan, the marketing margin of Indian oil companies on petrol and diesel has increased again. It has been said in this report that the pressure which was created during the West Asia tension, has now reduced to a great extent. The margins of oil companies have now again reached pre-conflict levels. This means that companies are earning well by selling oil.

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What are the questions of the general public?

Now the general public is asking big questions regarding the price of petrol and diesel. The biggest question is that when the margins of oil companies are increasing, then why is petrol and diesel not becoming cheaper? Actually, the price of petrol and diesel in India does not depend only on crude oil. It also includes taxes of central and state governments, dealer commission, transport expenses and margins of companies. This is the reason why despite crude oil becoming soft in the international market, common people do not get immediate relief.

Crude oil continues to fluctuate

In the last few days, there has been a lot of fluctuation in the prices of crude oil in the international market. Sometimes prices increase due to Middle East tension and sometimes they fall due to weak demand. However, at present it is being said in many reports that the oil market has become a little more stable than before. If crude oil prices remain under control and retail prices do not fall much, then the earnings of oil marketing companies remain strong. For this reason, investors are now keeping an eye on the shares of oil companies also.

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