NEW DELHI: Petrol and diesel prices fell again during the recession. The global oil market fell for the tenth time since August, delighting consumers, including Delhi voters who see the Bharatiya Janata Party base. Admi Party Aam Kiran Bedi and Arvind Kejriwal High decibel fight between them.

Ironically, global crude oil prices have stayed at 50 days for several days Since Thursday, the sub-dollar has risen 15 percent to nearly 57 percent of the dollar per barrel. Oil prices have risen as global oil giants like BP and Chevron have announced cuts in capital spending. However, over the past two weeks, state-owned oil companies have kept domestic oil prices in line with global averages.

The country relies on imports for about 80 percent of its oil, and the exchange rate is also a factor in determining the price of oil drops.

India’s largest fuel company, Indian Oil Corporation, said, “International petrol and diesel prices continue to fall and the appreciation of the Indian rupee against the US dollar has led to a decline in retail prices of petrol and diesel.”” . Prices of petrol in Delhi were 8 down for the tenth time since this month, dropping by Rs 2.42 to Rs 58.91 per liter, and diesel prices fell by Rs 2.21 to Rs 46.01, the retailer said in a statement. The amount is the same for January 17 for one day. It came into effect at midnight on Tuesday.

As oil prices have risen sharply since last weekend, there is speculation that the downtrend in oil prices may be over and the trend may be reversed.

Global oil giant BP said it would work with India’s Reliance Industries to reduce capital expenditure, which analysts said would help balance the future oversupply in the oil market.

British Petroleum (BP) Bob Dudley Chief Executive Officer (Bob Dudley) said Tuesday that he expects 2015 2015 This summer, U.S. oil production will increase. The cartel OPEC has refused to cut production despite the fact that oil prices have plummeted since June.

This is due to the expectation that U.S. shale oil production will become impossible due to falling oil prices. As US oil production falls, OPEC’s strategy will help maintain market share and increase prices.

In the U.S., about 100 companies Seat rigs are idle, suggesting that the OPEC strategy is having some success, but some analysts believe the rebound may not continue because supply is still higher than demand.