• Rajat Kulshrestha

why Fuel is getting Expensive?

There are few reasons which could be the factor :-

1. After the Lock down of the country to fight against global pandemic disease, businesses have took a pause for a while with low or zero economic activity, which has take a tax collection very low. After the re-open of Economic activities which resulted into the huge Fuel demand, will bring them a lot of taxes.

2. Oil companies which have bought oil in bulk quantities, when the prices of crude oil were in negative. Almost every company has kept their storage capacities and Oil reserves full, So it’s an Golden opportunity for them to make huge Gains from it.

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