Fuel prices touch a new high in Hyderabad

[TampaChinnodu]

Hyderabad: Fuel prices touched a new high with the prices of petrol and diesel breaching Rs 80 and Rs 73 mark respectively in the city on Saturday.

The fuel prices which did not register much fluctuations from petroleum companies such as Indian Oil Corp Ltd, Hindustan Petroleum Corp Ltd (HPCL) and Bharat Petroleum Corp Ltd (BPCL) have again started going up steadily on day-to-day basis.

 

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• Fuel prices in Hyderabad touch 3-year high

Since May 14, petrol price has increased by Rs 1.18 a litre including a 32 paisa hike on Saturday which took the price to Rs 80.31, the highest in five years. Diesel prices rose by Rs 1.27 a litre in the last five days taking the rate to record high of Rs 73.07 a litre in the city.

Earlier, the petrol and diesel price has breached Rs 70 and Rs 60 mark respectively in August, 2017. Over the last eight months, the fuel prices have shot up by more than Rs 10 and the hike was particularly more on diesel.

Comparing the present rates of petrol and diesel with those that prevailed on August 4 last year, the Telangana Petroleum Dealers Association said petrol price increased from Rs 69.81 to Rs 80.31 a litre while the diesel rates increased from Rs 60.87 to Rs 73.07 a litre.

G Vinay Kumar, General Secretary of Telangana Petroleum Dealers Association said that for the last five days fuel prices were continuously increasing. “Each day, both petrol and diesel are witnessing an increase of at least 15 paise and this would be more in coming days,” he said.

Soaring fuel prices will not only hurt motorists at the fuel filling stations but could also have impact on the essential commodities, Vinay Kumar added.

[Android_Halwa]

Check out Indian Basket crude oil price over the year...

exactly an year back, crude oil import at Indian Basket was ...

July 2007 : $44.75   at Indian down rate.

May 2018 : $78.70

---------------------------------

Retail prices : (Hyderabad)

July 2017 : Petrol @Rs. 67.00

May 2018 :Petrol @Rs.80.23

---------------------------------------------

international crude prices almost double ayinai....indian retail price matram only 40% ae perigindi...idi evariki kanipichatleda ?

lekka prakaram fuel also should be at 95-100 level...but its capped at 80 levels....

okasari alochinchandayya....barrel rate 44 vunapudu retail rate was 67 and now barrel rate is 78 and retail is 81...

 

[Android_Halwa]

We have something called as cost stabilisation fund to control oil prices. 

It would not hurt indian pockets as much as it should as long as international crude prices are below $100...

 

[Gunnagunna]

2 minutes ago, Android_Halwa said:

Check out Indian Basket crude oil price over the year...

exactly an year back, crude oil import at Indian Basket was ...

July 2007 : $44.75   at Indian down rate.

May 2018 : $78.70

---------------------------------

Retail prices : (Hyderabad)

July 2017 : Petrol @Rs. 67.00

May 2018 :Petrol @Rs.80.23

---------------------------------------------

international crude prices almost double ayinai....indian retail price matram only 40% ae perigindi...idi evariki kanipichatleda ?

lekka prakaram fuel also should be at 95-100 level...but its capped at 80 levels....

okasari alochinchandayya....barrel rate 44 vunapudu retail rate was 67 and now barrel rate is 78 and retail is 81...

 

Good posts with facts 

[Hydrockers]

Anduke sunrise state Lo 1 lac charging stations build chestunam electric vehicals kosam ----pulkas

[lraja2000]

18 minutes ago, Android_Halwa said:

Check out Indian Basket crude oil price over the year...

exactly an year back, crude oil import at Indian Basket was ...

July 2007 : $44.75   at Indian down rate.

May 2018 : $78.70

---------------------------------

Retail prices : (Hyderabad)

July 2017 : Petrol @Rs. 67.00

May 2018 :Petrol @Rs.80.23

---------------------------------------------

international crude prices almost double ayinai....indian retail price matram only 40% ae perigindi...idi evariki kanipichatleda ?

lekka prakaram fuel also should be at 95-100 level...but its capped at 80 levels....

okasari alochinchandayya....barrel rate 44 vunapudu retail rate was 67 and now barrel rate is 78 and retail is 81...

 

 an oil barrel is defined as 42 US gallons, which is about159 litres

barrel 44 dollers unte liter petrol must be 20 rupees or max 30 rupees, it used to be 67, do you think its right ?

 

[TampaChinnodu]

3 minutes ago, lraja2000 said:

 an oil barrel is defined as 42 US gallons, which is about159 litres

barrel 44 dollers unte liter petrol must be 20 rupees or max 30 rupees, it used to be 67, do you think its right ?

 

regardless of the which party is in power. even if crude prices drop drastically , government dones't decreases to that extent. because of getting used to tax money income on petrol

[boeing747]

Rupee is weakening against $...future lo inka increase avtundi petrol

[Hydrockers]

8 minutes ago, lraja2000 said:

 an oil barrel is defined as 42 US gallons, which is about159 litres

barrel 44 dollers unte liter petrol must be 20 rupees or max 30 rupees, it used to be 67, do you think its right ?

 

State govt  and central govt both 20 rupees varaku tax lu este 30 ki 40 ki eda vastadi

[TampaChinnodu]

8 minutes ago, boeing747 said:

Rupee is weakening against $...future lo inka increase avtundi petrol

Yes. But elections coming kabatti they might not raise that much.

[Android_Halwa]

17 minutes ago, lraja2000 said:

 an oil barrel is defined as 42 US gallons, which is about159 litres

barrel 44 dollers unte liter petrol must be 20 rupees or max 30 rupees, it used to be 67, do you think its right ?

 

Do you use crude oil in the gas tank ? What about refining ? Is crude oil home delivered free with amazon prime ? There is a refining, distribution, storage, transport and retail system involved apart from state and central taxes, excise duty....who would pay for all these then ? 

 

[dasara_bullodu]

Ikkada kooda same situation

[Android_Halwa]

Middle East nundi tankers la pattukochi, ikada regine chesi, storage chesi, all over the country distribute chesi, retail kosam fuel outlets start chesi, a outlets lo oka 10 mandi ni petti , refining kosam huge factories katti, vatiki investment and interest rates katti, transportation ki paisal katti...state govt taxes..farmers ki crop loan waivers iyali , free power iyalante mari evado okadu kattalsinde kada, edikelli vastunai mari state govt and central govt ki taxes ? 

Intha 10gina, developed country average kante takuva vundi fuel price....California la iyala nyayanga $4 10gutunadayya...3.6 liters ki $4...ante almost Rs.70 padutundi retail per liter...

UK lo petrol liter today is £1.30...ante almost Rs.120...mari ie lekka na chusthe Indian consumption level ki takuve vunatu kada prices ? 

 

[Android_Halwa]

Now, stop demanding that Bangladesh la 30rd vundi, Nigeria la 20 Rs vundi...state andbcentral taxes ekuva vunai...blah blah kali peeli forwarded posts esi izzat teesukokandi, okasari global fuel rates crude tho compare chesukondi telustadi

[jua_java]

India lo vunna prati kufli gadu tax kadite fuel prices yokka relativity gurinchi question cheyachu lekapote musukuni kattalsinde ! Yevadiki vadu rights gurinchi matladevade responsibility and accountability matram evadiki akarledu