Categories: Business

petrol and diesel prices hiked for the 15th consecutive day


petrol diesel price

new Delhi. Due to the rise in the price of crude oil in the international market, the price hike of petrol and diesel released for two weeks did not stop on Sunday. Oil companies have raised fuel prices for the 15th consecutive day on Sunday. Diesel prices have been increased by 60 paise per liter and petrol prices by 35 paise per liter. After the increase, diesel prices have reached a record level. At the same time, the price of petrol has reached the highest level of 19 months.

According to the new rates, petrol has reached Rs 79.23 per liter and diesel at Rs 78.27 per liter in New Delhi. In Mumbai, petrol reached Rs 86.04 per liter and diesel reached Rs 76.69 per liter. In Chennai, the price of one liter of petrol has reached Rs 82.58 per liter and the price of diesel has reached Rs 75.80 per liter.

Petrol has become costlier by Rs 8.88 per liter for 15 consecutive days and the price of diesel has increased to Rs 7.97 per liter. The rise in the price of petrol and diesel has been seen due to the surge in crude oil. Benchmark crude oil Brent crude has risen above $ 42 in the international market in the last session. In the last one month, the price of Brent Cudr has increased by 18%. Brent crude closed at $ 35.75 a barrel on 20 May a month ago.

On the New York Merke Tile Exchange, or NYMAX, American Light Crude West Texas Intermediate, or WTI's July delivery contract, was up 2.34 per cent from the previous session to close at $ 39.75 per barrel, while the WTI price jumped to $ 40.51 a barrel earlier.

This post was published on June 21, 2020 10:46 am

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