(Ramesh Pathania/Mint)
(Ramesh Pathania/Mint)

Petrol price rose by 3, diesel by 4.3 so far this year. Check today's rates

  • Crude oil prices have risen more than 20% so far this year
  •  In Delhi, petrol costs 71.73 a litre and diesel 67

NEW DELHI : On the back of surging crude oil rates, the prices of petrol and diesel have jumped by 3.08 per litre and 4.35 per litre, respectively, so far this year.

State-run fuel retailers today increased the price of petrol by 7 paise and that of diesel by 8 paise. According to today's price chart, a litre of petrol costs 71.73 in Delhi, 77.36 in Mumbai, 74.11 in Bengaluru, 74.48 in Chennai, 72.08 in Gurgaon, 71.35 in Noida and 73.82 in Kolkata.

Diesel, on the other hand, costs 67 a litre in Delhi, 70.18 in Mumbai, 69.22 in Bengaluru, 70.80 in Chennai, 66.33 in Gurgaon, 66.03 in Noida and 68.79 in Kolkata.

Crude oil prices have risen more than 20% so far this year after OPEC and non-member producer allies agreed to cut output for six months starting in January to avoid the build-up of a global surplus particularly as US crude production booms, Reuters reported.

If the last 3 months are taken into account, Brent crude oil rate has spiked by 11%.

International Brent crude futures were trading above $66 per barrel while US West Texas Intermediate (WTI) crude oil futures were close to $57 per barrel.

US crude output has set record highs for two straight weeks, hitting 12.1 million barrel per day last week, according to US government data.

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