Business India

Petrol Diesel Price cut by 15 paise per litre, Click here to know more

Petrol Diesel Price cut by 15 paise per litre, Click here to know more
Written by Abhishek Lohia

The drop in crude oil prices at the international level is affecting the prices of petrol and diesel in the domestic market also. On the 14th day, 15 paise for petrol and 10 paise in diesel has been cut down. After the Karnataka elections, petrol has been reduced first time by Rs 2 and diesel by 1 rupee 50 paise. Petrol prices in Delhi is now 76 rupees and 43 paise while Diesel cost is 67 rupees 85 paise in Delhi. Despite the decline in 14 consecutive days, the rate of petrol in Mumbai is still the highest. On Tuesday, petrol was reached at Rs 84.26 and diesel was priced at Rs 72.24 a liter.

In the past one month, oil companies have increased Rs 4 per liter on petrol and about 3.50 Rs per liter on diesel. During the Karnataka elections, prices of petrol and diesel were kept on hold, after which there was seen an immediate price hike. In the past few days, the decline of crude prices in the international market is also affecting the domestic market.

Cities Prices
Faridabad 77.21
Gurgaon 76.96
Noida 77.30
Ghaziabad 77.18

The fall in crude prices is expected to continue further. Actually, there is a meeting of the OPEC countries on June 22, in which decision will be taken to increase or decrease the production. According to Senior analyst Arun Kejriwal, till June 22 there is no scope for further escalation in crude. At the same time, if the committee decides to increase the production, then there can be a sharp fall in crude oil price rate. And its advantage will be seen in the domestic market also.

Diesel Price in Metro Cities

Metros Prices
Delhi 67.85
Kolkata 70.40
Mumbai 72.24
Chennai 71.62

Prices of non-branded Petrol across state capitals (Rs./Litre)

Agartala 72.22
Aizwal 72.34
Ambala 76.54
Bangalore 77.67
Bhopal 82.02
Bhubaneswar 75.25
Chandigarh 73.51
Dehradun 77.76
Gandhinagar 75.74
Gangtok 79.50
Guwahati 78.57
Hyderabad 80.96
Imphal 74.52
Itanagar 72.33
Jaipur 79.17
Jammu 78.16
Jullunder 81.64
Kohima 74.91
Lucknow 77.25
Panjim 70.43
Patna 81.91
Pondicherry 75.23
Port Blair 65.89
Raipur 76.84
Ranchi 76.41
Shillong 75.83
Shimla 76.60
Srinagar 80.85
Trivandrum 79.53
Silvasa 74.35
Daman 74.28

Since May 29, petrol prices have been brought down by Rs. 2 per litre in Delhi, Rs. 1.98 per litre in Mumbai, Rs. 1.96 per litre in Kolkata and Rs. 2.1 per litre in Chennai. During this interval, diesel prices have been decreased by Rs. 1.46 per litre in Delhi and Kolkata each, Rs. 1.56 per litre in Chennai, Rs. 1.55 per litre in Mumbai.

Previous Price of Petrol in Delhi, kolkata, Mumbai and Chennai(May 29 to June 11)

Month Delhi Kolkata Mumbai Chennai
June 11, 2018 67.95 70.50 72.35 71.73
June 10, 2018 68.10 70.65 72.51 71.89
June 09, 2018 68.28 70.83 72.70 72.08
June 08, 2018 68.58 71.13 73.02 72.40
June 07, 2018 68.73 71.28 73.17 72.56
June 06, 2018 68.80 71.35 73.25 72.64
June 05, 2018 68.88 71.43 73.33 72.72
June 04, 2018 68.97 71.52 73.43 72.82
June 03, 2018 69.11 71.66 73.58 72.97
June 02, 2018 69.11 71.66 73.58 72.97
June 01, 2018 69.20 71.75 73.67 73.06
May 31, 2018 69.25 71.80 73.73 73.12
May 30, 2018 69.30 71.85 73.78 73.17
May 29, 2018 69.31 71.86 73.79 73.18

 

About the author

Abhishek Lohia

Abhishek Lohia is a Sports and Political Writer at Newsfolo. He has been working as a Journalist for 2 years and has previously worked at Sportsflu, Sportscafe, and some other Digital Channels. He covers the ruling BJP Government, civic bodies, and Indian politics He also covers latest Sports News/Live Coverage. He is a graduate in Electrical Engineering from IPEC College, Sahibabad. He can be reached at; [email protected].com, you can also follow him on twitter @chiraglohia2

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