For the sixth consecutive day in the new year, the increase in the price of petrol and diesel continued. Oil companies increased the price of petrol by five paise per liter in Delhi, Kolkata, Mumbai and Chennai on Tuesday. After this increase, petrol prices in Delhi, Kolkata, Mumbai and Chennai have increased to Rs 75.74, Rs 78.33, Rs 81.33 and Rs 78.69 per liter respectively.
At the same time, the price of diesel has been increased by 11 paise in Delhi, Kolkata and Chennai, while in Mumbai, 12 paise per liter has been registered. According to the website of Indian Oil, the price of diesel in the four metros has increased to Rs 68.79, Rs 71.15, Rs 72.14 and Rs 72.69 per liter respectively.
Meanwhile, the crude oil prices have been recorded several days later. Indeed, on Monday, the Pentagon distanced itself from US President Donald Trump's threat to target Iran's cultural sites. After this, Brent crude was down 1.23 percent at $ 68.06 a barrel in the international market.
Let us tell you that 9 people, including Iran's commander General Qasim Suleimani, were killed in the attack on Baghdad Airport of America. After this, the price of crude oil jumped by 4 to 5 percent. During this time, the price of crude oil reached the high level of three and a half months in the international market.
According to Anuj Gupta, Angel Broking Deputy Vice President (Energy and Currency Research), if the military tension increases in the Gulf region, then the price of crude oil can be seen in the coming days. At the same time, the price of Brent crude can go up to $ 72-75 while WTI can touch the level of $ 65-68 per barrel.
