Friday, August 19, 2022
HomeIndiaPetrol Diesel Prices Reduced For Fourth Consecutive Day

Petrol Diesel Prices Reduced For Fourth Consecutive Day

Advertisements
Advertisements

The trend of decline in the prices of petrol and diesel continued for the fourth consecutive day on Tuesday. Oil marketing companies cut the price of petrol by five paise per liter in Delhi, Kolkata, Mumbai, and Chennai. While the price of diesel in Delhi and Kolkata were reduced by seven paise. While in Mumbai and Chennai it has been reduced by eight paise per liter.

Petrol and Diesel Prices

In these four days, consumers have got relief of about 55 paise per liter in the price of petrol and diesel. In the international market, petrol and diesel prices have come down due to the steep fall in the price of crude oil. Although crude oil has returned again.

According to the website of Indian Oil, the price of petrol in Delhi, Kolkata, Mumbai and Chennai has come down to Rs 71.44, Rs 74.11, Rs 77.13 and Rs 74.23 per liter respectively.

Advertisements

In the four metros, the price of diesel has also come down to Rs 64.03, Rs 66.36, Rs 67.05 and Rs 67.57 respectively.

Heavy Cut On Monday Also

The price of petrol and diesel was also cut drastically on Monday. On Monday, while the price of petrol has been cut by 22-23 paise per liter. Diesel has again become cheaper by 20-21 paise per liter.

Why Crude Oil Became Stronger

In the international market, the price of crude oil had increased by more than three percent on Monday. Crude oil remained strong for the second consecutive day on Tuesday. Many central banks of the world have started preparations to bring relief packages to protect the economy from the outbreak of Coronavirus. It has also raised hopes that this week OPEC countries will further cut their production.

Advertisements

Brent crude rose 2.5 percent to $ 53.18 a barrel on Tuesday. Similarly, the US West Texas Intermediate rose 2.8 percent to $ 48.07 per barrel.

Advertisements
Ashish Kumar Mishra
Ashish Kumar Mishrahttps://www.spotnews18.com/
Ashish Kumar Mishra is the Founder and CEO at Spot News 18. He created Spot News 18 on 30 June 2019. His intention to make these News Websites was only to provide correct and official news to his readers. Now, he is working on Spot News 18 to expand his website reach to all parts of the world.

Related News

LATEST NEWS

Fans Were Shocked To See This Photo Of Salman Khan; The Look Was So Changed

Bollywood superstar Salman Khan fans are eagerly waiting for their favourite stars' films. The actor has announced many movies in 2022, i.e. this year,...

IRCTC To Earn Money By Selling Data Of Rail Passengers? 1000 Crore Plan

On the morning of 19 August, the share of IRCTC (Indian Railway Catering and Tourism Corporation) saw a rise of 4%. The share of...

Most Horrific Rape Scene Shown In This Film, Due To This Scene This Action Was Taken

Most Controversial Scene: Movies mirror society, but they have to go through the Censor Board, which decides what kind of audience the film is...

Malaika Arora Stunned After Seeing Nude Photo Of Bollywood Actor, Made Such A Comment

Rahul Khanna Bold Photo: Late actor Vinod Khanna and Bollywood actor Rahul Khanna become a topic of discussion on their social media daily. Recently,...

Baba Nirala’s Babita Got Addicted To This Thing; Now She Is Not Able To Control!

Aashram Fame Babita: Tridha Choudhury came into the limelight by giving bold scenes in the 'Ashram' web series with Baba Nirala. In this web...

STAY CONNECTED

FansLike
FollowersFollow
FollowersFollow
FollowersFollow