In the upcoming adjustments to petroleum product prices expected in thesecond half of November, a dynamic scenario is anticipated. Predictionssuggest a potential increase of Rs3.18 per litre in petrol prices, reachingRs286.56 per litre from the current Rs283.38.
On the other hand, high-speed diesel (HSD) is poised for a substantialreduction, decreasing by Rs8.30 per litre to Rs294.88 from the existingRs303.18. This mixed trend extends to kerosene oil, projected to undergo areduction to Rs205.42 per litre from Rs211.03, reflecting a decrease ofRs5.61 per litre.
Similarly, light diesel oil (LDO) is expected to witness a notable cut ofRs8.33 per litre, bringing its price down to Rs181.13 per litre fromRs189.46.
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The determinants of these prices include current government taxes andadjustments based on the US dollar exchange rate.