The common man, who is suffering from inflation, may have to bear the brunt of better petrol and diesel prices by next year. Due to the rise in crude oil prices, the common man may have to pay Rs 150 per liter for petrol and Rs 140 per liter for diesel from next year.
It is estimated that the price of crude oil could go up to 14 147 a barrel. This will have a direct impact on petrol and diesel prices. At present, petrol is available at Rs 100 per liter in most cities of the country. At the same time, diesel has crossed the 100 mark in many cities. At the same time, the rise in crude oil prices is unlikely to stop the rise in petrol and diesel prices.
Goldman Sachs has forecast petrol and diesel prices for next year. The company has made this prediction on account of rising crude oil prices. According to the company, crude oil prices will reach 110 110 per barrel by next year. At the same time, it is estimated that crude oil could reach its all-time high of 14 147 a barrel. According to the company, crude oil prices could reach the level during the global recession in 2008. As a result, the price of petrol can go up to Rs 150 and diesel to Rs 140 per liter.
If Goldman Sachs’ predictions are correct, then better prices will have a direct impact on the pockets of the common man. Because no relief is expected from the central government. At the same time, there is already opposition to bringing diesel and petrol under GST. At the same time, the central government is expected to reduce taxes on petrol and diesel. Let me tell you that petrol and diesel prices are constantly rising. Prices of both have risen in 21 of the 28 days. Petrol price has been hiked by Rs 6.65 per liter and diesel by Rs 7.25 per liter.
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