new Delhi. Petrol prices were again increased on Sunday. Petrol price has gone above Rs 82 per liter in Delhi, the capital of the country, while in Chennai petrol has started getting Rs 85 per liter. Oil marketing companies have increased the price of petrol by nine paise per liter in Delhi, Kolkata and Chennai on Sunday, while the price of petrol in Mumbai has increased by 10 paise per liter. Petrol is getting the most expensive in Mumbai after the increase, its price has crossed Rs 88.5.
According to the website of Indian Oil, the price of petrol has increased to Rs 82.03 in Delhi, Rs 83.52 in Kolkata, Rs 88.68 in Mumbai and Rs 85 per liter in Chennai. The price of diesel remains unchanged at Rs 73.56 in Delhi, Rs 77.06 in Kolkata, Rs 80.11 in Mumbai and Rs 78.86 in Chennai without any change.
On the other hand, crude oil prices in the international market closed up on a weekly basis on Friday, but crude oil traded in a limited range throughout the week. Brent crude's November delivery contract on the international futures market Inter Continental Exchange (ICE) of the previous session Compared 0.59 per cent to close at $ 45.87 per barrel, while Brent price jumped by $ 46.10 per barrel during the week. Brent crude had closed at $ 44.35 per barrel in the previous week. At the same time, the October delivery futures contract of American Light Crude West Texas Intermediate ie WTI closed at $ 42.96 a barrel, down 0.19 percent, while the WTI rose to $ 43.78 a barrel during the week, compared to a week before the WTI of $ 42.34. The barrel was closed.
Explain that the prices of petrol and diesel in the country depend on the price of crude oil in the international market because India imports most of its oil requirement.
This post was published on August 30, 2020 4:10 pm
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