Home  »  Diesel Price  »  Delhi  »  New Delhi

Diesel Price in New Delhi (19th August 2018)

Todays diesel rates in New Delhi are very sensitive to global crude prices. We have been seeing an uptick in global crude prices, which has also pushed diesel rates in New Delhi higher. Also, prices of the petroleum product have now been aligned to market rates. This means diesel price in New Delhi will rise each time, global crude prices rise and the rupee falls against the dollar.

Aug 19, 2018
₹ 68.92 /Ltr (₹ 0.06 )
(Applicable from 6 am) Petrol Price in New Delhi

Last 10 Days Diesel Rate in New Delhi

Date Price Price Change
Aug 18, 2018 ₹ 68.86 ₹ 0.00
Aug 17, 2018 ₹ 68.86 ₹ 0.08
Aug 16, 2018 ₹ 68.78 ₹ 0.06
Aug 15, 2018 ₹ 68.72 ₹ 0.00
Aug 14, 2018 ₹ 68.72 ₹ 0.00
Aug 13, 2018 ₹ 68.72 ₹ -0.05
Aug 12, 2018 ₹ 68.77 ₹ 0.06
Aug 11, 2018 ₹ 68.71 ₹ 0.14
Aug 10, 2018 ₹ 68.57 ₹ 0.07
Aug 9, 2018 ₹ 68.50 ₹ 0.00

Daily & Monthly Diesel Price in New Delhi : Graphical Representation

Historical Diesel Price in New Delhi

  • Trend of Diesel Rate in New Delhi, July 2018
  • 1 st July Rs.67.38
    31st July Rs.67.82
    Highest rate in July Rs.68.61 on July 9
    Lowest Rate in July Rs.67.38 on July 2
    Over all performance Rising
    % Change +0.65%
  • Trend of Diesel Rate in New Delhi, June 2018
  • Trend of Diesel Rate in New Delhi, May 2018
  • Trend of Diesel Rate in New Delhi, April 2018
  • Trend of Diesel Rate in New Delhi, March 2018
  • Trend of Diesel Rate in New Delhi, February 2018

Diesel prices in Delhi are now changing every day. Earlier, the prices used to chance once every two weeks or fifteen days. Now it has become an important thing to check the Diesel prices before filling as the small change will bring difference if you are filling the Diesel in high quantities.

The change in the Diesel prices is an advantage for the consumer, as the customers keep an eye on the prices and can buy Diesel when the prices go down. As the change in the price will be very small, it may seem like that it will not make a difference, but in the long term, you will be in profit. Oil marketing companies in India such as Indian Oil, Bharat Petroleum, and Hindustan Petroleum, etc. will fix the new price Diesel in India every day. The International price of the Crude Oil is proportional to Diesel Price in India because the Oil companies in India will fix Diesel price depending upon the movement of the Crude Oil price in the Global Markets.

Diesel Prices Cut By 12 Paise in Delhi

The prices of diesel have been cut in Delhi by 12 paise per litre bringing down the total price to Rs 68.35. The move comes in amidst the drop in the crude oil prices in the global market.

The domestic oil marketing major, Indian Oil Corporation announced about the price cuts in its official website. The price change comes into effect starting from 6 am in the morning.

The rates of crude oil fell in the global market as the OPEC member countries have increased the oil output production as discussed during the last month’s OPEC meet. The increase in the supply of oil has kept the rates of fuel under check and has thus led to the decline in the crude oil rates in the global market.

India depends on oil imports to a great extent from oil-producing countries. Around 80% of oil imports are required to fulfill the domestic requirements, which has led to the increase in the import bill of the country.

19 July 2018
Diesel prices in New Delhi gain

Diesel rates in New Delhi gained ground after oil marketing companies like Indian Oil, Bharat Petroleum Corporation and Hindustan Petroleum raised the prices of diesel.

The gains in the prices of diesel was to the extent of 22 paise. Consumers have been disgruntled paying for such high fuel prices, especially since the raise has been very sharp.

If the trend continues, the government may be forced to intervene, especially where diesel prices are concerned.

There are reports that the government may act, by reducing the excise duty on the fuel. It may ask oil marketing companies to either shoulder part of the burden or may ask, ONGC to bear the windfall gains from a rise in crude. Brent Crude prices have rallied significantly in the last two months, especially after US President Donald Trump cancelled a proposed nuclear deal with Iran.

27 May 2018
Diesel price in New Delhi move higher

Diesel prices in Delhi has moved higher by almost Rs 2, to Rs 68.04 on May 23 from Rs 66.14 seen on May 14. This kind of increase in diesel prices has never been witnessed before. 

If the present trend continues, consumers are worried that it may have a significant impact on their budget as consumables, FMCG goods and fruits and vegetable prices could trend higher. 

Oil marketing companies like Indian Oil, Bharat Petroleum and Hindustan Petroleum have now raised rates for 10 straight days. 

In fact, private sector peers have also raised rates a great deal in line with those being charged by government owned enterprises. 

Brent crude has now rallied past the 81 dollars per barrel mark. The recent decision by US President Donald Trump to cancel the Iran nucelar agreement is what has propelled crude higher. 

In India, the currency has also weakened adding to further pressures on the Indian rupee. It is unlikely that we  will see diesel prices falling anytime soon. 

23 May 2018
Diesel prices hit new record in New Delhi

Diesel prices in New Delhi, hit a new record, as crude oil prices continued to surge. In fact, diesel rates in New Delhi rose for the seventh straight day, taking the fuel price to Rs 67.82 per litre in Delhi.

The fuel has jumped by Rs 1.50 in the last one week alone. Diesel rates in Delhi have been hit by a double whammy of sorts. On the one hand, we have seen crude prices rising and on the other hand, we are seeing a sharp drop in the Indian rupee. Both these factors tend to impact rates.

This is also not going to be good news for consumers, who have been reeling under the impact of higher prices. Going ahead, we may see a further escalation in rates, should crude oil prices rally.

This is also likely to keep inflation at elevated levels in the near future. The rupee has also fallen below Rs 68, thus increasing Delhi diesel prices rates even more.

 

21 May 2018

Find IFSC

Get Latest News alerts from Goodreturns

Get Latest News alerts from Goodreturns

We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more