From July 16, petrol and diesel prices are set to rise significantly. Petrol will increase by 7.67 rupees per liter, while diesel will go up by 3.72 rupees per liter.
This means that from mid-July, petrol will cost 273.28 rupees per liter and diesel will be priced at 281.17 rupees per liter for the next fifteen days. This hike will affect everyone as fuel is essential for daily activities.
Additionally, the price of kerosene is likely to rise by 2.73 rupees per liter, setting the new price at 184.25 rupees per liter. Light diesel oil (LDO) is expected to increase by 0.92 rupees, reaching 166.65 rupees per liter.
The rise in fuel prices will impact transportation costs, leading to increased expenses for commuters and businesses. This price adjustment is crucial for consumers to plan their budgets accordingly. The upcoming changes in petrol and diesel prices will be closely monitored by citizens and analysts alike.