Indian crude basket price is down by $ 29.24 per barrel. This large reduction will affect the Petrol Prices in the Domestic Market.
Mr Gourav Sharma,at Commodity MCX NCDEX Call says crude basket price has come down from $30 so its most expected that the prices of the Petrol may get cut by 4 Rs. & The January Crude Oil Level is below December level. So there is more possibilities that by 15 Jan prices may get cut by Rs. 4.