Petrol price down by 20%, crude by 33% in 3 months1 min read . Updated: 04 Jan 2019, 12:40 PM IST
Diesel price is now tracking February rates while petrol is at October 2017 levels. The pace of decrease of diesel price has been slower than that of petrol due to a difference in benchmark rates.
New Delhi: Petrol and diesel prices, which had peaked on this day three months ago, have now fallen by about 20% while crude oil rates are down by nearly a third during the period. During the week, however, the crude oil rate has jumped 5% in volatile trading. After three days of unchanged pricing, state-run fuel retailers today decreased the price of petrol by 21 paise and diesel by 22 paise. A litre of petrol costs ₹ 68.44 in Delhi, ₹ 74.10 in Mumbai, ₹ 69.01 in Bengaluru, ₹ 71.01 in Chennai and ₹ 70.58 in Kolkata.
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