Posts RSS RSS

Welcome to our site

All about business and economy, technology and etc.

Petroleum Dealers Vs. Final Consumers

/

The petroleum dealers here have now stopped distributing petrol and diesel. The price had been hiked by the Nepal Oil Corporation only to last a couple of days. Now the concern about the dealers is that they have or might have paid at the higher rate and now when the price has been dropped they would have to sell the same under their purchase price. A drop in the price of up to 10.00 makes a huge difference with the stock they have. So this has been a serious concern.

On contrary to this when the dealers buy these petroleum products at a cheaper price and immediately the price is increased, they make a huge profit. The ratio of dropped price to increased price has a huge difference. In this case the general consumer has never spoken anything and now when the dealers are in a verge of losing some profit they are on the way to strike. Finally the burden lies upon the general publics shoulders.

0 comments: