On one hand in the country, where the public is troubled by the rising oil prices. Inflation is touching new dimensions every day. On the other hand, the big oil companies of the country are making huge profits. According to the report of American investment bank Morgan Stanley, the direct benefit of the increase in oil prices will be given to the companies producing oil and gas production in India.
According to the report, the income of India’s largest state-owned oil gas producer ONGC can increase by about $ 3 billion (23,000 crore) in this financial year, while the income from gas production will be more than double compared to last year. is likely to. Reliance, the country’s largest private sector oil gas company, will also have about $ 1.5 billion (11,500 crore) more income.
Petrol diesel price increasing continuously in the country: Due to the increase in prices, the public is constantly being hit by expensive petrol and diesel. After not increasing the price from November 04 to March 21, oil companies are continuously increasing the prices of petrol and diesel. In the last 13 days, the price of petrol and diesel has been increased 11 times. If you add the increased prices in today’s petrol and diesel, then in the last 13 days, there has been an increase of about Rs 8 per liter. Due to which the price of petrol in the country’s capital Delhi has crossed Rs 100 per liter.
Increase in gas stamina: Inflation is affecting not only petrol diesel but also gas prices. On March 22, the domestic cylinder in the country was increased by Rs 50, after which the price of 14.2 LPG cylinder in Delhi has increased to Rs 950.
Since March 22, the price of commercial gas cylinder has been increased by a record Rs 346. On March 22, the price of a 19 kg cylinder was increased by Rs 105, which was later reduced by Rs 9. At the same time, on April 1, it has been increased by Rs 250 simultaneously. Apart from this, the prices of other domestic and commercial gases have also increased by up to Rs 8.5 per kg this year.