Fuel prices on Wednesday remained unchanged

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Fuel prices on Wednesday remained unchanged. Fuel became cheaper by 12-15 paise per litre across all the major cities of the country on Tuesday.

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In November so far, petrol prices cut by nearly Rs 3 per litre while diesel has become cheaper by nearly Rs 2 per litre.

In the national capital Delhi, petrol was selling Rs 76.38/litre while diesel was retailing at Rs 71.27 per litre. Petrol price was selling at Rs 74.94 in Noida while diesel was sold at Rs 69.63 per litre.

In Mumbai, petrol was retailed at Rs 81.90/ litre and diesel was sold at Rs 74.66 per litre. In Bengaluru petrol was sold at Rs 76.99/litre while diesel was retailing at Rs 71.65/litre.

In Chennai, petrol was priced at Rs 79.31 while diesel was sold at Rs 75.31 per litre. In Kolkata, petrol was retailing at Rs 78.33/litre and diesel was retailing at Rs 75.31 per litre.

Since last few days,  Brent crude futures were trading nearly $66.52 per barrel mark in Asian trade. But on Wednesday it fell again. Demand growth has been lethargic and oil is in oversupply.

As a result, crude prices are now nearly 25% lower in the last 40 days.

 

 

 

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