Categories: Business

Petrol price stable for 18 days, diesel prices rise again on Friday

Photo: GOOGLE

Diesel getting expensive while petrol holds the ground

new Delhi. The price of diesel rose again on Friday, but the price of petrol remained stable for the 18th consecutive day. In the country's capital Delhi, the price of diesel has again increased by 17 paise per liter. In Kolkata and Mumbai, the price of diesel has increased by 16 paise and in Chennai by 15 paise per liter. Oil marketing companies did not make any change in the price of diesel on Thursday, a day earlier. The price of diesel has increased by 92 paise per liter more than petrol in Delhi.

According to the website of IndianOil, the price of petrol in Delhi, Kolkata, Mumbai and Chennai remained at Rs 80.43, Rs 82.10, Rs 87.19 and Rs 83.63 per liter respectively for the 18th consecutive day. But the price of diesel in the four metros increased to Rs 81.35, Rs 76.49, Rs 79.56 and Rs 78.37 per liter respectively.

On the other hand, the international market was trading at a steady level in crude oil, although Brent crude remained above $ 43 per barrel and WTI remained above $ 40 per barrel.

The benchmark crude oil on the international futures market Intercontinental Exchange (ICE) was trading at $ 43.30 a barrel in Brent crude's September futures contract, down 0.07 percent from the previous session.

On the New York Mercantile Exchange (Nymax), US light crude was trading at $ 40.87 a barrel, down 0.05 percent from the previous session in West Texas Intermediate (WTI) August futures contract.

This post was published on July 17, 2020 12:51 pm

Content Team

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