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.

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