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At this time, all eyes are on the US President Donald Trump. Whatever Trump is doing at this time, it is affecting the whole world. Recently, the US President has made a month’s ceasefire between Moscow and Kiev.
It is believed that due to this move of Trump, the supply of Russian crude oil can increase in the international market and due to this, the price of crude oil will come below $ 71. Apart from this, Goldman Sachs (Goldman Sachs) had also predicted that the crude oil of the Gulf countries would come up to $ 71 by December 2025.
Gulf countries will decrease profits
Currently, Russia’s crude oil is not coming to the international market according to which it used to come earlier. This is the reason that crude oil prices coming from Gulf Muslim countries were increasing rapidly in the international market. But, now the way Donald Trump ceasefire between Moscow and Kiev and is trying to stop the ongoing war between Russia and Ukraine, Russia’s oil will start flotting rapidly in the international market and it can cause a huge drop in crude oil prices.
Russia plays with crude oil
The thing that Russia earns the most by exporting the world is crude oil. In the year 2023, Russia exported a crude oil of about $ 122 billion to the whole world. Russia sold crude oil worth about $ 60.7 billion to China, while Russia sold crude oil worth $ 48.6 billion to India.
What is the price of petrol and diesel in your city today
Today, petrol in Bengaluru is Rs 102.92 and diesel is Rs 88.99 per liter. Petrol in Hyderabad is Rs 107.46 and diesel is Rs 95.70 per liter. Petrol in Noida and Gurugram is Rs 94.77 and Rs 95.25 per liter. At the same time, the price of diesel is 87.89 and 88.01 per liter in both these cities. The price of petrol in Patna is Rs 105.23 and the price of diesel is Rs 92.09 per liter. Petrol in Jaipur is Rs 104.72 and diesel is Rs 90.21 per liter.
The price of petrol and diesel in Raipur is Rs 100.45 and Rs 93.39 per liter. Whereas, petrol in Chandigarh is 94.30 and diesel is Rs 82.45 per liter. The price of petrol and diesel in Jamshedpur is Rs 99.91 and Rs 94.71 per liter. The price of petrol and diesel in Ranchi is Rs 97.86 and Rs 92.62 per liter. Petrol in Rajkot is priced at Rs 94.27 and diesel is priced at Rs 89.96 per liter.
In Bhopal, the price of petrol is Rs 106.52 and the price of diesel is Rs 91.89 per liter. Petrol in Indore is priced at Rs 106.53 and diesel is priced at Rs 91.93 per liter. The price of petrol in Nagpur is Rs 104.102 and the price of diesel is Rs 90.58 per liter.
Also read: Reliance Industries exports fuel made from Russian crude oil to America, earning 6850 crores
