Overview
- Analysts project petrol prices lower by Rs4–5 per litre and diesel down Rs2–3 per litre in the second half of January, pending the official price review.
- Ex-refinery petrol is calculated at Rs139.06 per litre after a Rs6.51 decline driven by a 72-paisa customs duty reduction and a 68-paisa exchange-rate adjustment.
- Ex-refinery diesel is estimated at Rs149.99 per litre following a Rs5.33 drop, reflecting an 80-paisa cut in customs duty and a 35-paisa decrease in the exchange adjustment.
- Market data show international petrol falling $2.74 per barrel to $66.54, with the petrol premium easing by 13 cents to $5.01 per barrel.
- Global diesel prices slipped $2.33 per barrel to $73.99, reinforcing expectations of domestic relief, though no government announcement has been issued.