Petrol price witnessed a 5 paise raise on Saturday while diesel prices dropped to the lowest level in this fiscal year. International crude oil prices are now stabilising after nearly 30 per cent fall in last two months. In the national capital Delhi, petrol is sold at Rs 70.34 per litre, compared to Rs 70.29 yesterday while diesel is sold at Rs 65.50 as against Rs 64.57 on Friday.
In the country’s business capital Mumbai, petrol on Saturday is retailing at Rs 75.96 compared to Rs 75.91 on Friday and diesel is sold at Rs 67.50, down 8 paise compared to Friday’s price of Rs 67.58 per litre.
In other metro cities like Chennai and Kolkata, petrol is retailing at Rs 72.99 and Rs 72.43 respectively, 5 paise up compared to yesterday. Diesel in these cities is priced at Rs 68.16 and Rs 66.26, down 2 paise and 7 paise respectively compared to yesterday’s price.
In Noida, petrol price on Saturday went down by 5 paise to Rs 70.11 while diesel became cheaper by 6 paise to Rs 63.83. It may be noted that in Noida, Greater Noida and Ghaziabad prices may vary.
It may be noted that retail fuel prices in India depend on both international oil price and the rupee-dollar exchange rate. While Brent crude is stabilising at around $60 per barrel mark the rupee has fallen to near 72 level. Brent crude futures were around $61 per barrel mark on Friday after rising nearly 2 per cent on Thursday. Times now