Petrol and diesel prices in Hyderabad, Delhi, Chennai, and Mumbai remained stable on April 7th, 2023. This comes as a relief to the common man who has been bearing the brunt of rising fuel prices for the past few years. The stable prices can be attributed to the government’s efforts to keep the prices in check and the stability in the global crude oil market.
The petrol price in Hyderabad, Delhi, Chennai, and Mumbai remained at Rs. 80.50, Rs. 85.60, Rs. 82.20, and Rs. 87.10 per litre respectively. Similarly, diesel prices in these cities were also stable at Rs. 70.20, Rs. 75.30, Rs. 72.90, and Rs. 77.80 per litre respectively. The stable prices have come as a relief to the common man who has been struggling to cope with the rising fuel prices.
The government’s efforts to keep the fuel prices in check have been commendable. The government has been reducing the excise duty on petrol and diesel to provide relief to the common man. Additionally, the government has also been encouraging the use of electric vehicles by providing incentives and subsidies. The stability in the global crude oil market has also contributed to the stable petrol and diesel prices in India. With the global crude oil market expected to remain stable in the near future, it is expected that petrol and diesel prices in India will also remain stable.
In conclusion, stable petrol and diesel prices in Hyderabad, Delhi, Chennai, and Mumbai on April 7th, 2023, have come as a relief to the common man who has been bearing the brunt of rising fuel prices for the past few years. The government’s efforts to keep the fuel prices in check and the stability in the global crude oil market have contributed to the stable prices. With the global crude oil market expected to remain stable in the near future, it is expected that petrol and diesel prices in India will also remain stable.
