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Petrol prices have increased by about ₹2 a litre so far this month
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With crude oil rates trading around its two-month high level, petrol price is now at its year-high
NEW DELHI : Already on a year-high levels, petrol prices were stable today. State-run fuel retailers chose not to change the prices of both petrol and diesel today. So far this month, the price of petrol has gone up by ₹1.9 a litre while that of diesel has decreased by 7 paise a litre.
In New Delhi, a litre of petrol costs ₹74.76 a litre and diesel ₹65.73. In Mumbai, petrol is priced at ₹80.42 and diesel ₹68.94. In Bengaluru, petrol comes for ₹77.32 and diesel ₹67.97. If you are in Noida, you have to pay ₹76.10 for petrol and ₹66.04 for diesel. In Gurgaon, petrol is charged at ₹74.31 and diesel ₹65.08.
Crude oil prices had risen earlier this week on expectations that China and the United States, the world’s two biggest crude users, would soon sign a preliminary agreement, putting an end to their 16-month trade dispute. During the day, oil prices fell, extending losses from the previous session after official data showed US crude and gasoline stocks rose against expectations and production hit a record.
Brent crude futures were down 16 cents, or 0.3%, at $63.90 a barrel by 0141 GMT, having dropped 0.3% on Wednesday. US West Texas Intermediate crude fell 21 cents, or 0.4%, to $57.90, after falling 0.5% in the previous session.
Prices had risen on Monday and Tuesday amid expectations that China and the United States, the world’s two biggest crude users, would soon sign a preliminary agreement, signalling an end to their 16-month trade dispute.
Brent crude rates are now at a two-month high levels.
