Petrol and diesel prices falls - when it can go below 50 rupees

Sir, Petrol and diesel prices today were revised. With effect from 6 am on Friday, June 1, petrol prices were at Rs. 78.29 per litre in Delhi, Rs. 80.92 per litre in Kolkata, Rs. 86.1 per litre in Mumbai and Rs. 81.28 per litre in Chennai, according to Indian Oil Corporation. Diesel prices were at Rs. 69.2 a litre, Rs. 71.75 a litre, Rs. 73.67 a litre and Rs.73.06 a litre respectively.  In the international market, crude oil rates prices trades approximately $74.49 per barrel. why Indian consumers are paying much high price than this. when can we expect a dip in the prices to Rs. 50 per litre. is it possible.