The state-owned oil marketing companies in India kept the fuel prices unchanged on Tuesday. Petrol prices across cities was stable for the second consecutive day.
Retail prices of these two highly consumed crude products are reset every morning based on the international oil prices and exchange rates of the rupee against the US dollar.
On Tuesday, the global benchmark for oil, Brent crude oil futures was seen trading 0.2 percent or 12 cents higher at $67.33 a barrel from its last close, while US West Texas Intermediate (WTI) futures rose 0.8 percent or 44 cents to $58.52 per barrel.
Oil prices recovered from the previous day's fall with the support of prevailing supply cuts from the OPEC (Organization of the Petroleum Exporting Countries) and its allies like Russia. Concerns of a sharp economic slowdown are still looming on the commodities market, preventing the rates from rising further.
New Delhi and Mumbai
Petrol prices per litre in New Delhi and Mumbai were unchanged at Rs 72.86 and Rs 78.48 respectively. Diesel per litre on Tuesday is being sold at Rs 66.49 in New Delhi and Rs 69.64 in Mumbai.
Chennai and Bengaluru
Petrol prices per litre in the South Indian cities of Chennai and Bengaluru were unchanged at Rs 75.67 and Rs 75.28 respectively. Diesel per litre on Tuesday is being sold at Rs 70.26 in Chennai and Rs 68.69 in Bengaluru.
Kolkata and Hyderabad
Petrol prices per litre in Kolkata and Hyderabad were unchanged at Rs 74.93 and Rs 77.32 respectively. Diesel per litre on Tuesday is being sold at Rs 68.28 in Kolkata and Rs 72.30 in Hyderabad.