TIWN Nov 9, 2020
AGARTALA, Nov 9 (TIWN): No relief from high petrol, diesel prices in Tripura with petrol skyrocketted at Rs. 81.37 and Diesel Rs. 73.63 on Monday. Today's diesel rates in Agartala are very sensitive to global crude prices. Petrol prices in Agartala have been turning more volatile, as prices of crude oil have been showing a firm trend. Today's petrol price in Agartala ? 81.37 (9th November 2020). The rupee has also moved lower against the dollar, which has made petrol prices in Agartala more expensive than before. It is hoped that the government can reduce excise duties, so as to enable rates to become more cheaper shortly. What worries is the increasing commodity prices an transport fares in Tripura due to increasing fuel prices.
Bharat Petroleum Corporation, Indian Oil Corporation, and Hindustan Petroleum Corporation - which account for the majority of petrol and diesel stations in India - align the domestic rates with global benchmarks by taking into account changes in foreign exchange levels. Due to the local taxes, crude oil prices vary in different cities across the country.
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