Petrol-Diesel Price: Heavy fall in crude, price at two-week low, what is the price of petrol-diesel here

Petrol-Diesel Price: Heavy fall in crude, price at two-week low, what is the price of petrol-diesel here

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New Delhi:The price of crude oil saw a decline of more than two percent on Wednesday and it is seeing a slight decline in the early trade on Thursday as well. Due to this, crude oil has reached the lowest level of two weeks. Crude oil prices have come down despite a huge fall in crude oil reserves in the US. The Federal Reserve is likely to hike interest rates once again. This is expected to affect energy demand in the world’s largest consumer America. Due to this the price of crude oil has come down. Inflation in Europe and uncertain economic data in China weighed on investor sentiment. Meanwhile, once again there was no change in the price of petrol and diesel in India.

Oil marketing companies last changed the price of petrol and diesel in April last year. In May, the Center reduced excise duty on petrol and diesel. Since then there has been no change in the price of petrol and diesel in the country. Petrol price in Delhi on Thursday is Rs 96.72 and diesel is Rs 89.62 per litre. Petrol is available at Rs 106.31 and diesel at Rs 94.27 in Mumbai, petrol at Rs 102.63 and diesel at Rs 94.24 in Chennai and petrol at Rs 106.03 and diesel at Rs 92.76 in Kolkata. A few months ago, when the price of crude oil came down below $75 per barrel, there was hope of a cut in the rates of petrol and diesel.

Petrol and diesel price in your city

name of the city Petrol Rs/Litre Diesel Rs/Litre
New Delhi 96.72 89.62
Mumbai 106.31 94.27
Kolkata 106.03 92.76
Chennai 102.63 94.24
Noida 96.79 89.96
Lucknow 96.57 89.76
Jaipur 108.48 93.72
Patna 107.24 94.04
Bhopal 108.65 93.90
Chandigarh 96.20 84.26
Ranchi 99.84 94.65
Bhopal 108.65 93.90
Gandhinagar 96.63 92.38
Bangalore 101.94 87.89
Gurugram 97.18 90.05

(Source- IOC SMS)

crude price

On Wednesday, the price of crude fell by about two percent. Brent crude closed at $ 83.12 a barrel, down $ 1.65, or two percent. Similarly, WTI also declined by $ 1.70, or 2.1 percent, to $ 79.16. This is their lowest level since March 31. Taking a shocking decision on April 2, OPEC Plus countries announced a cut in crude oil production. This led to a jump in the price of crude oil. In early trade on Monday, Brent crude was trading at $ 82.53 per barrel, down by $ 0.59, or 0.71 percent. Similarly, WTI crude is also down by $ 0.36, or 0.45 percent, at $ 78.80 per barrel. At one point in March last year, the price of crude oil reached $139 a barrel, its highest level since 2008, after the war between Russia and Ukraine.

Increasing proximity to Russia, India getting double benefit, Iraq reduced oil prices

Know today’s rates in your city

There is a system to change the prices of Petrol-Diesel daily. If there is a change in this, the prices are automatically updated at 6 am. You can also know today’s rate of petrol-diesel through SMS (How to check diesel petrol price daily). Customers of Indian Oil can get information by texting the code RSP space petrol pump to 9224992249 and customers of BPCL by texting RSP to 9223112222. Whereas, customers of HPCL can know the price by sending HPPrice to 9222201122.

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