ANALYZING PETROL AND DIESEL PRICE VARIATIONS: A COMPARATIVE STUDY OF INDIA, PAKISTAN, SRI LANKA, BANGLADESHAND NEPAL

Abstract

Abstract: In the South Asian countries, the pricing mechanism for major fuels varies among them. This research paper aims to analyze the variations in petrol and diesel prices across five South Asian countries - India, Pakistan, Sri Lanka, Bangladesh, and Nepal. The objective of this comparative study is to examine the factors influencing the fluctuations in fuel prices in these countries. The research has utilized data from various sources, such as government reports and international databases, to analyze the patterns and trends in petrol and diesel prices. By conducting a comprehensive analysis and comparing the findings, this research will provide insights into the similarities and differences in the determinants of fuel price variations among these countries. The outcomes of this study will contribute to a better understanding of the factors impacting fuel prices in the South Asian region and help policymakers in formulating effective strategies for managing price fluctuations.