New Delhi. The price of petrol and diesel has reached the sky. Although some states have tried to give relief to the common people by reducing tax here, but in the coming months, people may see more inflation in the price of petrol and diesel. If the central government did not try to bring the price of petrol and diesel under the GST, then the price of petrol could reach Rs 110 to Rs 115 per liter in the month of July. This is why the US Bank Gold Shakes has predicted the price of crude oil to reach $ 75 per barrel in the third quarter.
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Goldman forecast
Goldman foresees that the crude oil price is expected to reach $ 75 per barrel between July and September, according to the third quarter ie international market. According to the report, Goldman’s estimate is $ 10 per barrel higher than the previous estimate. According to the report, due to reduction in inventories and increase in cost, the price of crude oil may increase. At the same time, demand for crude oil may also increase in the coming days.
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Crude at 65 dollars and then 100 rupees petrol
A few days ago, the price of crude oil came to $ 65 per barrel, after which the price of petrol has come to 100 rupees per liter in the country. Now crude oil is expected to reach $ 75 per barrel in July. In such a situation, if the central government does not reduce the excise duty, then the price of petrol can reach from Rs 110 to Rs 115 per case.
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What is the expert saying
Ajay Kedia, director of Kedia Advisory, says that after reaching crude oil at $ 75 per barrel, petrol price could see an increase from Rs 10 to Rs 15 per liter by July. That is, petrol prices in the country can reach from Rs 110 per liter to Rs 115 per liter. Ajay Kedia says that currently the price of petrol and diesel is increasing not from the price of crude oil but from the tax imposed by the Center.
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