The high cost of branded oil is a heavy load on the shoulders of petrol and diesel users in Hyderabad and Secunderabad.
Almost all the dealers of the oil companies in the Twin Cities are selling only branded (or premium) oil on the weekends.
While the normal petrol price per litre is 56.30/-, the branded petrol sells for more than 60 rupees per litre. Similarly, normal diesel sells for 38.25/- per litre, while branded diesel sells for more than 40.50/-,
As reporters consulted the Petroleum Minister, he maintained that the actual load on the oil companies is nearly 17 rupees for petrol and 23 on diesel at the current prices.
However, some dealers are saying that they received a supreme notification to sell at least half of their sell with the branded oil from the companies.
Dealers also stated that they had the testimony from companies not to sold ordinary oil until the customer put pressure on them to sell normal petrol or diesel.
Recently the prices on petrol increased for almost 5 rupees and 3 rupees on diesel. The branded theft will loot more from the people who are innocently in the cause to use.
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