Diesel price in India today up by 23-25p; consumers set to pay more for trips
Diesel price in India has clocked a four-year high, and consumers are set to pay more for their purchase of this fuel product.
Diesel price in India today: On the similar lines with petrol prices, the state-owned Oil Companies on Monday, also increased prices of diesel product in the range of 23 paisa to 25 paisa each per litre in various state capital of India. This was due to international Brent crude futures opening above $70 per barrel for the first time since January. With the above hike, diesel prices have once again clocked four-year high, and consumers are set to pay higher for their purchase in this fuel product. Meanwhile, petrol prices were hiked by 24 paisa to 25 paisa in various state capital.
Diesel price in New Delhi: Diesel price in the national capital was up by 23 paisa and was available at Rs 63.66 per litre compared to Rs 63.43 per litre of the previous day.
Diesel price in Kolkata: Similarly, 23 paisa hike was made here as diesel was available at Rs 66.35 per litre against Rs 66.12 per litre of the previous day.
Mumbai and Chennai saw much increase in diesel prices, compared to other metro cities.
Diesel price in Mumbai: Diesel here was increased by 24 paisa and was valued at Rs 67.79 per litre, versus previous day price of Rs 67.55 per litre.
Diesel price in Chennai: Diesel price in Chennai saw a surge of 25 paisa, and was available at Rs 67.14 per litre from Rs 66.89 per litre of previous day.
Diesel prices in other state capitals: The product in Bangalore was available at Rs 64.73 per litre, Bhopal at Rs 66.98 per litre, Bhubaneswar at Rs 68.29 per litre, Chandigarh at Rs 61.80 per litre, Dehradun at Rs 64.18 per litre, Gandhinagar at Rs 68.36 per litre, Hyderabad at Rs 69.16 per litre, Jaipur at Rs 67.91 per litre, Lucknow at Rs 64.02 per litre, Patna at Rs 68.25 per litre, Raipur at Rs 68.77 per litre and Srinagar at Rs 66.99 per litre.
Reason behind increase in international crude prices, were due to expectations that OPEC-leader Saudi Arabia may extend supply cuts into 2019, as well as concerns that the United States may re-introduce sanctions against Iran, as per Reuters.