According to UNCTAD, cost of freight per TEU (38.Now the cost of refining varies with the type of crude used and the technology used in the process.7 per cent of the price we pay, going?Though the price of the end product (petrol), is directly related to its input (crude oil), the relation is not necessarily a linear one due to the intermediary processes involved as well as government intervention. Crude oil is a complex mixture which can produce up to 1,500 byproducts. With the help of higher taxes on fuels, the government has collected over Rs 2.
Usually the larger the refinery and lighter the crude, the cheaper the refining expenses. In India, we have an average daily income pvc crust foam board screw barrel of $8. Is it any different in other countries? Not really, as no country in the world has a completely transparent mechanism in pricing petroleum products.It may be that I am asking for too much, or maybe this is how it is supposed to be.  Unfortunately, Indian refineries are very opaque about their refining process.83. After the OMC purchase crude oil, it needs to undergo a refining process to produce end products like petrol, diesel, kerosene etc.
Fuel prices in India are not only opaque but also exorbitantly high. If we calculate backwards, Telangana purchases petrol at the rate of Rs 55.86 per litre. We already know cost of crude is Rs 23.6 per cent. One barrel equals 42 US gallons or 159 litres.Unfortunately, India fares poorly in that metric. So after deducting state taxes and Central excise duties, the cost of petrol comes to Rs 33. For instance, Telangana charges 35.13 per litre of petrol which is a staggering 13. India ranks at 81 in energy sufficiency and 66 per cent of its domestic energy needs are domestically met.(The author is a columnist on socio-economic issues.