Diesel price cut by 10 paise, no change in petrol rate. Check latest prices1 min read . Updated: 18 Oct 2019, 10:16 AM IST
- Fuel prices have fallen since mid-September levels
- The price of diesel fell by 10 paise a litre in Delhi and 11 paise a litre in Mumbai today
NEW DELHI : Ahead of the assembly elections in Maharashtra and Haryana on Monday, state-run oil retailers have not changed the price of petrol for the fourth consecutive day today. The price of diesel, however, fell by 10 paise a litre in Delhi and 11 paise a litre in Mumbai today.
In New Delhi, a litre of petrol costs ₹73.27 and diesel ₹66.31. In Mumbai, a litre of petrol costs ₹78.88 and diesel ₹69.50. In Bengaluru, a litre of petrol costs ₹75.72 and diesel ₹68.51.
In Gurgaon, a litre of petrol costs ₹73.09 and diesel ₹65.54. In Noida, a litre of petrol costs ₹74.89 and diesel ₹66.57.
Both crude oil rates and fuel rates in India have fallen since mid-September levels. After closing 1.1% higher yesterday, crude oil rates were stable today. Prices are down 1.5% for the week as crude is likely to post a weekly loss.
Global benchmark Brent crude oil futures fell by 9 cents, 0.2%, to $59.82 a barrel by 0039 GMT. U.S. West Texas Intermediate (WTI) crude futures were up by 4 cents, or 0.07%, to $53.97 per barrel.
The price of Brent crude averaged $59 per barrel during October 2019 and around $60 a barrel in September 2019 against much higher levels last year. The Indian basket crude price averaged $59.35/barrel during August 2019 as against $63.63/barrel during July 2019.