NEW DELHI :
Reflecting global crude oil rates, the price of petrol and diesel dropped for the second consecutive day today. Petrol price dropped by 18 paise a litre and diesel by 8 paise per litre today, a day after a decline of 10 paise and 8 paise, respectively.
In Delhi, a litre of petrol now costs ₹74.33 per litre and diesel ₹67.35. In Mumbai, petrol costs ₹79.93 a litre and diesel ₹70.61 a litre. In Bengaluru, petrol is priced at ₹76.81 and diesel ₹69.59. In Hyderabad, petrol costs ₹79.04 and diesel ₹73.44. In Gurgaon, petrol is priced at ₹73.92 and diesel ₹66.43. If you are in Chennai, you will have to pay ₹77.21 for petrol and ₹71.15 for diesel.
Since September 17, the price of petrol has gone up more than ₹2 while that of diesel by more than ₹1.5 a litre. It was more than two weeks ago, when the fuel rates began to inch higher in the aftermath of the drone attacks on Saudi Arabia's oil facilities. The attack wiped off about 5% of world's oil supplies and made oil traders worried about the future, leading to a sharp spike in crude rates.
In the global market, crude oil prices have since then cooled off and reversed all gains. Nearing the lowest level in almost two months, oil is now headed for its biggest weekly loss since mid-July.
During the day, Brent crude oil futures rose 8 cents, or 0.1%, to $57.79 a barrel by 0138 GMT, while U.S. West Texas Intermediate (WTI) crude futures rose 12 cents, or 0.2%, to $52.57 a barrel.