For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

Petrol, Diesel Prices Left Unchanged As Crude Oil Price Softens Overseas

|

On Wednesday, both petrol and diesel remained steady in price for the third-straight day. Price of both the auto fuels in the domestic market is determined on the basis of international crude oil prices and the rupee-dollar foreign exchange rate. Oil marketing companies review fuel rates on a daily basis and revision in the price is effected at 6 am.

Petrol, Diesel Prices Left Unchanged As Crude Oil Price Softens Overseas
 

The halt in fuel prices is on the back of easing of crude oil prices globally that hit a near 6-month high after the US reports suggested that the US administration will not renew waivers for Iranian oil import to nations such as India, China and some other countries.

Petrol rates: Today, the petrol prices in India were recorded at Rs 72.95 per litre in New Delhi, Rs 74.97 per litre in Kolkata, Rs 78.52 per litre in Mumbai and at Rs 75.71 per litre in Chennai.

Diesel rates: While diesel prices today stood at Rs 66.46 per litre in New Delhi, Rs 68.20 per litre in Kolkata, Rs 69.56 per litre in Mumbai and at Rs 70.17 per litre in Chennai.

International crude oil prices: Crude oil price in the international market softened on indications that the world markets have adequate supplies. The global benchmark for crude, brent crude futures last traded at $74.24 per barrel, lower by 0.4%.

Earlier in the week, crude future surged to 2019 highs after the US pushed to end waivers on Iranian oil imports.

GoodReturns.in

Read more about: petrol diesel crude oil omc
Story first published: Wednesday, April 24, 2019, 14:40 [IST]
Company Search
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
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