Will the prices of petrol and diesel decrease before the new year? Petroleum Minister gave big hints

Petrol Diesel Prices: Before the New Year, prices of petrol and diesel may reduce in some states. Such indications were given by Union Petroleum and Natural Gas Minister Hardeep Singh Puri on Tuesday (October 29, 2024). He gave this information through a post on social media platform X on Tuesday (October 29).

While posting on There will be an increase in services and welfare of employees. We wish our channel partners continued success in our shared vision of serving our customers with trust, convenience and reliability.”

There will be benefits in remote areas

Puri further wrote, “Additionally, as part of our commitment towards affordable fuel, we are introducing inter-state freight rationalization to reduce price disparities in petrol/diesel, which will benefit consumers , especially in remote areas, but this will not be applicable in those states where the Model Code of Conduct is in place.”

BPCL is pleased to announce an increase in Petrol Pump Dealers’ Commission, effective tomorrow, for enhancing customer services and staff welfare at no additional cost to consumers. We wish our channel partners continued success in our shared vision of serving our customers with…

— Bharat Petroleum (@BPCLimited) October 29, 2024

There will be a reduction in the prices of petrol and diesel

Hardeep Singh Puri said, “I would like to express my gratitude to the oil marketing companies for their announcement of increasing the dealer commission payable to petrol pump dealers and to benefit the consumers located in remote locations (away from the petrol and diesel depots of the oil marketing companies). “Welcome the decision to rationalize state freight, which will bring down prices of petrol and diesel in many parts of the country. (The decision will be implemented later in election bound states and constituencies).”

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