GUWAHATI: The fuel prices are seeing a downward trend with prices coming down to Rs. 75.20 for petrol and Rs. 71.23 for diesel per litre as on Friday.
This drop has brought relief to the people as over the past few months there was a spike in the fuel prices in the country that contributed to the rise in the price of essential commodities.
The price of petrol went down by Rs 0.42 and diesel by Rs 0.44 per litre respectively.
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It is to be mentioned that fuel rates are revised every day under the dynamic fuel price method.
This makes sure that even a minute’s variation in global oil prices can be transmitted to fuel users and dealers and because of which citizens are able to see the variation in the prices.
The Indian government has permitted oil marketing companies to determine the retail price of fuel based on currency exchange rate and fluctuations in international oil prices.
