Diesel price in Delhi, Mumbai, Chennai and other cities today; no respite, drive stays pricey
Diesel price in India today: There has been massive increase in diesel prices, which is why, metro cities and other state capitals have touched record highs, especially Mumbai, where it stood over Rs 70 per litre mark.
Diesel price in India today: In comparison with petrol prices, the state-owned oil companies have raised prices of diesel product at much higher rate on Tuesday, in the range of 18 paisa to 19 paisa per litre in various state capitals of India. There has been massive increase in diesel prices, which is why, metro cities and other state capitals have touched record highs, especially Mumbai, where it stood over Rs 70 per litre mark and now looks like Kolkata may also see prices at Rs 69 per litre-mark. Meanwhile, petrol prices were increased between 12 paisa to 14 paisa in these states.
Diesel price in New Delhi: Diesel price in the national capital has neared to Rs 66 per litre-mark, as the product was available at Rs 65.93, above 18 paisa compared to previous day prices of Rs 65.75 per litre.
Diesel price in Kolkata: Similarly, diesel price in this city also surged by 18 paisa, and was valued at Rs 68.63 per litre in comparison with previous day price of Rs 68.45 per litre. Considering the limited room for reduction in diesel prices, Kolkata may soon become the third metro city to touch Rs 69-level.
Diesel price in Mumbai: Shockingly, the diesel price in Mumbai has reached to Rs 70.20 per litre-mark, above 19 paisa as against the previous day price of Rs 70.01 per litre.
Diesel price in Chennai: The product in this city saw the biggest hike over the last few days, so much so, that Chennai became the second city to witness Rs 69-per litre mark after Mumbai. However today, the price of this product stood at Rs 69.56 per litre, higher by 19 paisa compared to previous day price of Rs 69.37 per litre.
Diesel prices in other state capitals: The product in Bangalore was available at Rs 67.05 per litre, Bhopal at Rs 69.38 per litre, Bhubaneswar at Rs 70.75 per litre, Chandigarh at Rs 64.01 per litre, Dehradun at Rs 66.22 per litre, Gandhinagar at Rs 70.81 per litre, Hyderabad at Rs 71.63 per litre, Jaipur at Rs 70.25 per litre, Lucknow at Rs 66.05 per litre, Patna at Rs 70.57 per litre, Raipur at Rs 71.20 per litre and Srinagar at Rs 69.24 per litre.
Moreover, international crude oil prices rebounded from an early slide to finish higher and strengthen further in post-settlement trade, as investors feared U.S. sanctions could dampen Iran`s output.
As per Reuters report, Brent crude futures settled up 65 cents, or 0.9 percent, to $74.71 a barrel, after falling as low as $73.13. U.S. West Texas Intermediate crude futures rose 24 cents to $68.64 a barrel, rebounding from a session low of $67.14.
The difference between the two benchmarks was at its widest since January 08, 2018.