Petrol and Diesel may become cheaper, says SBI Ecowrap Report

Petrol and Diesel Prices

Amidst COVID-19 pandemic, the global economy has taken a downturn. Stock, as well as commodity markets, are facing sharp falls. Rates of two of the most popular brands of crude, namely Brent and WTI have come down by 30% and are trading at $30.85 and $28 per barrel respectively. Analyzing the trends in global crude prices, SBI research report Ecowrap has predicted a corresponding reduction in petrol and diesel prices. As per the SBI Ecowrap report, petrol and diesel may become cheaper by Rs. 12 and Rs. 10 per liter…

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