LITRE


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AcronymDefinition
LITRELithostratigraphy Report (energy production)
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The average purchase price of petrol inclusive of customs duty over the last imported period has been Rs71.89 per litre and that of HSD Rs82.06 per litre prior to taxes and cost of distribution.
After adding taxes and distribution charges in cost of purchasing petrol and high speed diesel, over last month, the ex-depot sales prices are fixed at Rs113.24 per litre and Rs127.14 per litre respectively.
The regulator has recommended reducing price of kerosene oil by Rs4.27 per litre (4.1%) to Rs99.57 per litre.
The Oil and Gas Regulatory Authority (Ogra) on Tuesday had recommended up to Rs8.90 per litre (10.043 percent) increase in prices of various petroleum products for the month of August 2019.
The government has also jacked up the price of high speed diesel (HSD) by Rs4.50 per litre against the proposed Rs8.99 per litre.
If the government approved the recommended prices of petroleum products, the rate of MS would reach from Rs 98.89 per litre to Rs 113.26 per liter (15 percent increase), the price of HSD would go up from Rs 117.43 per litre to Rs 121.82 per liter (3.7 percent increase), the light diesel oil would go up from Rs 80.54 to Rs 86.94 per liter (7.8 percent increase) and with the addition of Rs 7.45 per litre in the previous rate of kerosene oil, its price would be Rs 96.76 per litre.
If the government accepts this recommendation, then diesel prices would inflate to Rs122.32 per litre, petrol to 113.26 per litre, LDO to Rs86.94 per litre and kerosene oil would go up to Rs96.77 per litre.
Similarly, the price of diesel was increased by Rs4.75 per litre, taking it to Rs111.43 per litre.
Oil and Gas Regulatory Authority had recommended Rs9.50 per litre cut in the price of petrol, diesel Rs15 per litre, light diesel oil Rs2 per litre and kerosene oil by Rs0.25 per litre.
Petrol price had touched an all-time high of Rs 84 a litre in Delhi on October 4 while diesel price had touched a record high of Rs 75.45.
New Delhi [India], Sep 13 ( ANI ): Fuel prices once again witnessed a hike on Thursday, with petrol being sold at Rs 81.00 per litre and diesel at Rs 73.08 per litre here in the national capital.
After increase the new prices of Motor Spirit (MS)92 RON Petrol will be Rs.87.70 per litre, High Speed Diesel (HSD) Rs.