Home >News >India >Petrol, diesel price unchanged today. Check latest rates in top cities

NEW DELHI : After rising for six consecutive days, the price of diesel was left unchanged today. Petrol price, too, was stable for the eighth day. In New Delhi, a litre of petrol today costs 74.63 and diesel 66.99. In Mumbai, a litre of petrol costs 80.29 a litre and diesel 70.28 a litre.

If you are in Bengaluru, you pay 77.18 for petrol and 69.27 for diesel. In Chennai, petrol costs 77.58 for petrol and 70.82 for diesel. Those in Hyderabad will have to pay 74.92 for petrol and 73.10 for diesel. In Gurgaon, you pay 74.20 for petrol and 66.16 for diesel.

Crude oil rates, which settled above $61 a barrel, is on course for the best month in nearly a year after the US and China made a breakthrough on an initial trade deal and the Organization of Petroleum Exporting Countries (OPEC) and its partners agreed to deepen output cuts.

Brent crude settled up 81 cents, or 1.22%, at $67.20 a barrel after a shortened session ahead of the Christmas holiday. US West Texas Intermediate settled up 59 cents, or 0.97%, at $61.11 a barrel.

United States President Donald Trump has said that he and Chinese President Xi Jinping would soon hold a signing ceremony for the initial bilateral trade agreement.

In the meantime, India expects its oil consumption to grow at its slowest rate in the last six years amid an economic slowdown. India's consumption of petroleum products in the financial year to March 2020 is expected to rise by 1.3% to 216 million tons, petroleum ministry data showed. Diesel consumption is estimated to grow at the slowest pace in six years at 0.9%.

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