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40 paise Cutback on One Litre Diesel- Bunks Announced for High Sale
With the increase in Diesel
rates by Oil companies, private bunks have announced its cutback of 40 paise on
one litre diesel, to increase the sale. In TamilNadu, Hindustan Petroleum,
India Oil of Corporation, Barat Petroleum are the main dealers of petrol and
diesel for private bunks. For the reason of, rate increase of Crude oil and
fall in rupee value, the oil companies are raising the petrol and diesel rates
monthly. Accounting this in the current year, from 18th of January
to 1st of December, there cropped up 14 times of hike in diesel rate
and shows a differences of about 7.02
rupees increase in the price. At present the rates of diesel in Chennai is
57.68 rupees, Salem is 57.71rupees and Kaniya kumari it is 57.79 rupees. The
oil companies are providing a commission of Rs.1.06 for the petrol and diesel
bunks.
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