The value of petrol has been elevated by 56 paisa per litre, whereas high-speed diesel (HSD) has seen a hike of Rs2.96 per litre for the fortnight beginning January 1, 2025.
In line with a notification from the Ministry of Finance, petrol now prices Rs252.66 per litre, and HSD has risen to Rs258.34 per litre.
Earlier, studies had speculated the next improve for HSD by Rs3.62 per litre and a minimal 11 paisa rise for petrol.
Vitality consultants identified that the premium on oil is $8.69 per barrel. The calculation had been made whereas protecting in view the present charge of petroleum levy, common gross sales tax and foreign money trade charge.