After a continuous increase in the prices of petrol and diesel for Eight consecutive days, the brakes finally came on Wednesday. On the other hand, the trend of crude oil prices in the international market also continues. The price of crude has dropped by about two dollars per barrel in two days. India's oil marketing companies were continuously raising prices of petrol and diesel after a strong surge in crude oil prices in the international market due to fears that crude oil supplies would be disrupted by the attack on Saudi Aramco's oil plants.
After this attack, petrol in India has become more expensive by two rupees. At the same time, the price of diesel has increased by Rs 1.70 in Delhi, while in some other cities, the price of diesel has increased by more than this.
However, there is a softening trend in the price of crude oil in the international market. Bent crude futures contracted 3.75 per cent in the previous session. Energy experts point out that oil prices have come under pressure again due to sluggish demand for oil due to sluggish global economic growth.
According to the website of IndianOil, petrol prices in Delhi, Kolkata, Mumbai and Chennai remained the same at Rs 74.13, Rs 76.82, Rs 79.79 and Rs 77.06 per liter respectively. Diesel prices in the four metros have also remained unchanged at Rs 67.07, Rs 69.47, Rs 70.37 and Rs 70.91 per liter respectively.
In the same month, on September 14, after the drone attack on Saudi Arabian government oil company Saudi Aramco's oil plants, the price of crude oil in the international market suddenly increased by 20 percent on September 16, which was the biggest single day after 28 years. Was fast Yemen's Houthi rebels were reportedly claimed responsibility for the attack.
