Aaj TV English News - Business & Economy https://english.aaj.tv/ Aaj TV English en-Us Copyright 2026 Wed, 08 Apr 2026 05:18:25 +0500 Wed, 08 Apr 2026 05:18:25 +0500 60 Petroleum prices likely to drop by Rs10 https://english.aaj.tv/news/30344143/petroleum-prices-likely-to-drop-by-rs10 <p>The prices of major petroleum products, petrol, and high-speed diesel (HSD), are expected to witness a drop of over Rs10 per litre from December 15.</p> <p>This decline is primarily attributed to a significant downturn in the international market.</p> <p>Over the past fortnight, international prices for both HSD and petrol have witnessed a collective decrease of nearly 5%.</p> <p>Specifically, the cost of HSD has plummeted by approximately $4 per barrel, marking a decline from $99.50 to $95.50, while the price of petrol has decreased from $86.5 to $81.7 per barrel.</p> <p>Simultaneously, a marginal increase of the rupee rate against the US dollar has contributed to this price reduction.</p> The prices of major petroleum products, petrol, and high-speed diesel (HSD), are expected to witness a drop of over Rs10 per litre from December 15.

This decline is primarily attributed to a significant downturn in the international market.

Over the past fortnight, international prices for both HSD and petrol have witnessed a collective decrease of nearly 5%.

Specifically, the cost of HSD has plummeted by approximately $4 per barrel, marking a decline from $99.50 to $95.50, while the price of petrol has decreased from $86.5 to $81.7 per barrel.

Simultaneously, a marginal increase of the rupee rate against the US dollar has contributed to this price reduction.

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