A day after Diwali, state-run oil marketing companies today reduced the price of petrol by 21 paise per litre and that of diesel by 18 paise. With international crude oil prices melting, prices of automobile fuels in India have not been increased for the last 24 days. The trend, however, could reverse soon as global crude oil prices were up today.
Oil marketing companies take into account a 15-day average of crude oil prices and the valuation of rupee to calculate the daily price of petrol and diesel in India. As of today, petrol price in Delhi was Rs 78.21 per litre, Rs 83.72 in Mumbai, Rs 78.84 in Bengaluru, Rs 81.24 in Chennai, and Rs 80.13 in Kolkata. Diesel was Rs 72.89 in Delhi, Rs 76.38 in Mumbai, Rs 73.28 in Bengaluru, Rs 77.05 in Chennai and Rs 74.75 in Kolkata.
The fuel price chart had an upward trend till October 4 when petrol prices hit an all-time high of Rs 84 per litre in Delhi and Rs 91.34 in Mumbai while diesel was at Rs 75.45 in Delhi and Rs 80.10 in Mumbai. Read More
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