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Petrol, Diesel Steady For Fifth Day In A Row On July 22, 2021, Crude Drops To $70/bbl

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Petrol and diesel rates remained steady for the longest run giving consumers giving huge relief. Already prices of petrol have breached Rs. 100 mark per litre in most of the cities including metros.

 

Petrol, Diesel Steady For Fifth Day In A Row, Crude Drops To $70/bbl

CityPetrol rate in Rs./litreDiesel rate in Rs./litre
New Delhi101.8489.87
Mumbai107.8397.45
Chennai102.4994.39
Kolkata102.0893.02

In the international markets based on which auto fuel prices are decided in India, crude held above $70 mark per barrel after a slide in the US crude inventory.
West Texas Intermediate (WTI) remained status in early Asian trade after the crude price gained over 4% in the previous day. Gains in the global equities market firmed up risk-on sentiment among investors and outweighed concerns on demand for the commodity amid rising delta variant cases across the globe.

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