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Fuel Prices to Slash Soon!

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Fuel Prices to Slash Soon!

October 30
17:40 2014

oil new 2New Delhi, Thursday, October 30 – Nothing could be good news for the general public than the drop in the prices of diesel and petrol. Since a number of people commute from one place to the other via personal vehicles, the reports regarding decrease in the price per litre of fuel are alone a tad comforting.

If latest information is to believed then the drop could be up to INR 2.50 per litre and brought in effect in next to no time. In case, rates of petrol and diesel are trimmed up to this extent then a considerable plunge is likely to be noticed in inflation as well.

Several useful household commodities are transported via commercial vehicles, which run on diesel & petrol. If rates of the fuel are taken up, hike in veggies, fruits etc. burns a hole in customers’ pocket.  A slash, on the other hand, in the price makes them heave a sigh of relief. The cut in current rates is adequate to point out that perhaps good days have started to come in real.

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