Crude Oil Price Declines, Know New Diesel-Petrol Prices

The price of petrol and diesel remained stable for the second consecutive day on Thursday. The oil marketing companies did not change the prices of both vehicle fuels.
Crude Oil Price Declines, Know New Diesel-Petrol Prices

On the fourth trading day of the week, the price of crude oil was seen again after the increase in the previous session. Meanwhile, prices of petrol and diesel remained stable for the second consecutive day. According to the website of Indian Oil, the price of petrol in Delhi, Kolkata, Mumbai and Chennai remains at Rs 74.20, Rs 76.89, Rs 79.86 and Rs 77.13 per liter respectively. Talking about diesel, the four metros are being sold at Rs 65.84, Rs 68.25, Rs 69.06 and Rs 69.59 per liter respectively without any change.

Prices Increased on Tuesday
Last Tuesday, petrol and diesel prices were increased. On this day, petrol in Kolkata and Mumbai was costlier by 15 paise in addition to Delhi, while in Chennai, the price of petrol increased by 16 paise per liter. At the same time, diesel was increased by 5 paise per liter in the four metros. Earlier, the oil marketing companies had not made any change in the price of diesel for six consecutive days. Please tell here that after about one and a half months in the country's capital Delhi, the price of petrol is being sold beyond Rs 74 per liter. Earlier, on October 5, 2019, petrol in Delhi crossed the price of 74 rupees.

Rise in the price of crude oil
Let us know that in the last session, the price of crude oil in the international market saw a rise of more than two and a half percent. Brent crude's January contract on the international futures market Intercontinental Exchange, ie ICE, was trading at $ 62.17 a barrel, down 0.45 percent from the previous session. In the previous session, Brent had gained 2.53 per cent to close at $ 62.45 per barrel. American light crude was trading at $ 57.05 a barrel in the January contract at West Texas Intermediate, down 0.30 percent from the previous session.

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