The government has made some changes to fuel prices that will affect consumers starting December 16, 2024. These changes include a reduction in the price of High-Speed Diesel (HSD), while petrol prices remain unchanged. Let’s take a look at the new prices and what they mean for you.
Petrol Prices Stay the Same
One of the big updates is that petrol prices will not change and will remain at Rs252.10 per litre. This means that consumers who rely on petrol for their vehicles won’t see any increase or decrease in the price.
Diesel Price Reduced
However, High-Speed Diesel (HSD), which is used in many vehicles, including trucks and buses, will see a reduction of Rs3.05 per litre. The new price of HSD will be Rs255.38 per litre. This is good news for those who use diesel vehicles, as the reduction will make their fuel costs slightly lower.
Kerosene and Light Diesel Oil Prices
In addition to the diesel price cut, the government has also reduced the prices of other fuels:
- Kerosene oil will be cheaper by Rs3.32 per litre, bringing its price down to Rs161.66 per litre.
- Light Diesel Oil (LDO) will now cost Rs148.95 per litre, after a decrease of Rs2.78.
These changes will also take effect from December 16, 2024.
Why These Changes Matter
For many people, the price of fuel directly affects their daily expenses. The reduction in diesel and other oils will bring some relief, especially for those who use diesel-powered vehicles or rely on kerosene for heating. While petrol prices remain the same, people using other types of fuel will benefit from the price cuts.
Fuel Price Changes at a Glance
Here is a simple table showing the new fuel prices:
| Fuel Type | New Price | Price Change |
|---|---|---|
| Petrol | Rs252.10 per litre | No change |
| High-Speed Diesel (HSD) | Rs255.38 per litre | -Rs3.05 |
| Kerosene Oil | Rs161.66 per litre | -Rs3.32 |
| Light Diesel Oil (LDO) | Rs148.95 per litre | -Rs2.78 |
What Was Expected
Before the announcement, there were speculations that the prices of diesel, kerosene, and LDO could fall by up to Rs3.97 per litre. On the other hand, petrol prices were expected to rise slightly by 81 paise per litre. However, the actual changes are slightly different, with only diesel and other oils seeing price cuts while petrol remains the same.
Wrap Up
This adjustment in fuel prices will certainly impact many people, especially those who use diesel-powered vehicles or rely on kerosene and light diesel oil for various purposes. For now, the unchanged price of petrol offers some stability, while the reduction in diesel prices brings relief to those who use it frequently.
Remember, these new prices will apply starting from December 16, 2024, so keep an eye on the changes and plan your fuel purchases accordingly!
