If the government intends to maintain current oil prices, the Price Differentials Claim (PDC) of the Oil Marketing Companies and Refineries is expected to reach Rs 36,07 per litre for High-Speed Diesel (HSD) and Rs 19.64 per litre for petrol in the following two weeks.
According to estimations made available by sources, the ex-depot price is expected to reach 169.50 per litre during the first two weeks of April (1-15), compared to Rs. 149.86 per litre over the previous two weeks (16-31 march).
Furthermore, the ex-depot price of High-Speed Diesel (HSD) is expected to be Rs. 180.22 per litre during the next fortnight, beginning April 1st, compared to Rs. 144.15 per litre during the current Fortnite.
According to the papers, the estimated Price Differential Claim (PDC) on Light Diesel Oil (LDO) for the next two weeks is Rs. 28.33, while the PDC on Kerosine oil is Rs. 30.78.
The increase in the PDC is attributed to rising worldwide oil prices, which topped $120 per barrel on March 25.