|
|
|
|
Petrol, diesel prices cut after slump in crude rates
|
|
|
|
| Top Stories |
 |
|
|
|
SME Times News Bureau | 16 Jan, 2020
After no change on Wednesday, the fuel prices dropped on Thursday as the
price of petrol was cut by 15 paise and that of diesel by 14 paise
across all major cities in the country.
Petrol now costs Rs 75.55
a litre in Delhi, Rs 81.14 a litre in Mumbai, Rs 78.23 a litre in
Kolkata and Rs 78.49 a litre in Chennai after price cut.
Smilarly,
diesel costs Rs 68.92 a litre in Delhi, Rs 72.27 a litre in Mumbai, Rs
71.29 per litre in Kolkata and Rs 72.83 a litre in Chennai, according to
Indian Oil Corporation website.
Crude oil rates which had gone
above $70 a barrel in international market have eased a little bit and
is now hovering around $64 a barrel after the threat of conflict between
the US and Iran receded further.
The retail prices of fuel are
dependent on the global crude prices and the rupee-US dollar exchange
rate as India imports 80 per cent of its crude requirements.
Domestic
petrol and diesel prices are reviewed by oil marketing companies on a
daily basis. Price revisions are implemented at the fuel stations with
effect from 6 a.m.
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
| Customs Exchange Rates |
| Currency |
Import |
Export |
US Dollar
|
66.20
|
64.50 |
UK Pound
|
87.50
|
84.65 |
Euro
|
78.25
|
75.65 |
| Japanese
Yen |
58.85 |
56.85 |
| As on 13 Aug, 2022 |
|
|
| Daily Poll |
 |
 |
| PM Modi's recent US visit to redefine India-US bilateral relations |
|
|
|
|
|
| Commented Stories |
|
|
|
|
|
|
| |
|
