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Petrol and diesel prices declined, Petrol prices fell by 15-16 paise per liter

On Thursday (May 9th) the prices of petrol and diesel declined in the four metro cities of the country. Petrol prices in all metro cities declined by 15-16 paise per liter while diesel was 7-10 paise cheaper.



India imports roughly 84% of its crude oil

 Despite the decline in the US raw material's reserves, crude prices declined due to the increased trade tension between the US and China on Thursday in the international oil market. International Brent Crude Oil Futures, according to Indian time this morning at around 8 o'clock at $ 70 Was doing business under the barrel.

In Delhi, petrol prices went up by 16 paise to 72.84 rupees per liter on Thursday. On Wednesday, the price of petrol in Delhi was 73 rupees per liter. In the national capital, diesel came 10 paise cheaper to 66.56 rupees. Due to the reduction of petrol and diesel rates in Delhi, the cheapest in all the metros and capitals of most states There was no change in prices of petrol and diesel in the major cities of the country on Wednesday (May 8th)

According to the data available on Indian Oil Corporation's website, retail prices of petrol and diesel in Kolkata are Rs 74.88 and Rs 68.32 per liter respectively. Similarly, petrol in Mumbai is selling 78.44 rupees per liter, which is 15 paise less than yesterday's 78.59 rupees per liter, and diesel is sold at Rs. 69.74 per liter, 7 paise lower at tomorrow's rate.

In Chennai, people have to pay Rs 75.63 for a liter of petrol, while the price of diesel has come down to Rs 70.36 per liter. At Noida, petrol is selling retail at Rs 72.21 per liter, which is 13 paise down to Rs 72.34 per liter on Wednesday. In Gururgram, the price of petrol was reduced by 12 paise to Rs 72.73 a liter on Thursday.

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