The cheapest petrol in 8 months, diesel in 3 months. Fuel prices in today's big cities



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  Diesel costs 68.13 rupees a liter in Delhi, 71.33 rupees in Mumbai, 68.48 rupees in Bengaluru, 71.95 rupees in Chennai and 69.98 rupees in Kolkata. The diesel price in Delhi is now at its lowest level in the last 3 months. Photo: Mint

The price of diesel is 68.13 rupees per liter in Delhi, 71.33 rupees in Mumbai, 68.48 rupees in Bengaluru, 71.95 rupees in Kolkata and 69 rupees in Kolkata. . now at lowest for 3 months Photo: Mint

New Delhi: After the 40-day price cuts, diesel is currently at its lowest price for 3 months, while the price of the diesel is at its lowest price ever. gasoline is at 8 The price of gasoline has now been reduced by 33 paises and that of diesel by 36. The price of gasoline is now below the bar of 74 Rs for the first time in the last 8 months. One liter of petrol costs Rs 73.24 in Delhi, Rs 78.80 in Mumbai, Rs 73.81 in Bengaluru, Rs 76.01 in Chennai and Rs 75.24 in Rs. Kolkata.

Diesel costs 68.13 rupees a liter in Delhi, 71.33 rupees in Mumbai, 68.48 rupees in Bengaluru, 71.95 rupees in Chennai and Rs 69.98 in Kolkata, the diesel price in Delhi is now at its lowest level in the last three months.

If we take into account the last six weeks, gasoline and diesel prices are down by about 10 and 7 rupees, respectively. The gap between gasoline and diesel prices has been reduced in recent months due to the difference in international reference rates for both fuels.

On October 4, the price of gasoline reached a record, namely 84 Rs a liter in Delhi and 91.34 Rs in Mumbai. The price of diesel fuel had reached a record of 75.45 Rs per liter in Delhi and 80.10 Rs in Mumbai.

Prices started climbing from August 16th. Gasoline in Delhi was priced at Rs 77.14 per liter and in Mumbai at Rs 84.58 on August 15. Diesel was sold at 68.72 rupees per liter in Delhi and Rs. 72.96 in Mumbai.

International crude oil prices are struggling to pull themselves out of a bear market to become an overabundance of supply. Oil prices climbed 1% this morning after finishing yesterday with a loss of 2.5%. US crude futures are now close to $ 50, a price last seen more than a year ago. Brent international benchmark is trading at less than $ 60.

World crude oil prices have a direct effect on gasoline, the price of diesel in India since the 15-day moving average of crude oil prices is taken into account by oil companies.

First published: Thu, 29 Nov. 2018. 09 H01 HST
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