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In the case of gasoline transactions, the fee should ideally be borne by the petrol pump dealers.

However, because fuel businesses have low-profit margins, the transaction fee is passed on to consumers.

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It is also found in machines such as farm and construction equipment.

Diesel fuel is a hydrocarbon mixture in general.

Known for its efficiency and mileage, it is used to power motor vehicles and equipment with diesel engines or compression-ignition engines.

Diesel prices in India are revised daily, since June 15, 2017.

Earlier, diesel prices used to fluctuate every two weeks.

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Prior to deregulation, the government regulated diesel rates.

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Deregulation allows the government to spend less on subsidies in an attempt to close the price gap between the global and domestic markets.

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