Monday, August 13, 2018

TODAY PETROL DIESEL RATE SEE NEWS

TODAY PETROL DIESEL RATE SEE NEWS
Today petrol diesel prices in Gujarat Gujarat Ahmedabad Surat Rajkot Vadodara Junagadh and more cities

According to the oil ministry, the pricing system aims to minimize international oil prices and pass through to consumers.

First of all, new prices will be effective every 6 o'clock. Earlier, the decision was to change them at midnight, because oil companies were forced to change this because the pump owners threatened to protest and go for the strike.

The reason for their resentment was that companies did not put automated systems to change prices and therefore need manual deployment.

Petrol and diesel prices have been reduced today as part of a new method of change in the daily price of petrol products in Gujarat, Ahmedabad, Surat, Rajkot, Vadodara, which is now being converted into a revised bi-annual revision.

Under the new repetition process, the smallest change in international oil prices can be passed down to customers. So far, three Pisu Oil Marketing Companies

Indian Oil, Bharat Petroleum and Hindustan Petroleum - have revised prices on the first and the 16th of every month based on the average international crude oil and foreign exchange rates. Indian Oil has said that the change in the daily price is an initiative to ensure better prices to consumers and improve the transparency in the pricing mechanism.
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