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Diesel Prices See A Cut Again; Crude Rates See The Longest Run Of Losses Since Feb 2020

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While prices of petrol have been maintained as though across the country for over a month now, there has been seen a cut in diesel rates for 3 consecutive days now as on Friday (August 20, 2021). The cut in diesel price across metro cities is between 18 paise to 25 paise.

 
Diesel Prices See A Cut Again; Crude Rates See The Longest Run Of Losses

Meanwhile, in the international markets, the WTI crude futures fell by 2.7% to close at $63.69 per barrel as on Thursday, extending its losing run for the sixth straight session, the longest since February 2020. The drag came owing to strength in the dollar and concerns around rising delta variant cases stoking demand revival concerns for the commodity. Last, the WTI crude futures was seen quoting higher by a tad 0.03% at $63.52 per barrel.

So, in the domestic markets after the recent 3-straight days' cut in diesel price here are the rates across metro:

Here are the fuel rates across 4 metro cities on August 20, 2021

Metro cityPetrol rate in Rs/litreDiesel rate in Rs./litre
Delhi101.84Rs. 89.27
Mumbai107.8396.84
Kolkata102.0892.32
Chennai99.4793.84

Read more about: petrol diesel crude
Story first published: Friday, August 20, 2021, 9:21 [IST]
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