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Why costly diesel burns a bigger hole in your pocket than petrol

While consumers feel the petrol pinch directly, diesel hurts indirectly, as it is an input in almost all the goods and services we use

Topics
petrol | diesel price | diesel

Abhishek Waghmare  |  Pune 



Cess on Petrol Diesel
Cost of diesel gets directly passed through to the product being transported using diesel.

Diesel, the most used retail fuel by almost all commercial sectors of the economy, is slowly crawling towards a record Rs 90 per litre in Mumbai. A gradual increase in retail was expected, as the price of oil itself is inching up—Brent crude now costs more than $65 a barrel—and product prices are an indirect function of oil price.

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First Published: Wed, February 24 2021. 15:29 IST

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