No change in diesel price in India today; check out rates in Delhi, Mumbai, Chennai, Lucknow, more
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 Wednesday, kept prices of diesel product unchanged in various state capital of India. This was due to global crude oil prices which tumbled - with Brent dropping back below $70 per barrel and U.S. West Texas Intermediate crude dipping below $65, pulled down by a report of increasing U.S. crude inventories that surprised many traders. Diesel product have crossed four-year high.
Diesel price in New Delhi: Diesel price in the national capital was available at Rs 63.77 per litre - same compared to previous day.
Diesel price in Kolkata: Similarly, diesel was available at Rs 66.46 per litre.
Diesel price in Mumbai: Diesel here was valued at Rs 67.91 per litre.
Diesel price in Chennai: Diesel price in Chennai was available at Rs 67.25 per litre.
Diesel prices in other state capitals: The product in Bangalore was available at Rs 64.84 per litre, Bhopal at Rs 67.10 per litre, Bhubaneswar at Rs 68.41 per litre, Chandigarh at Rs 61.91 per litre, Dehradun at Rs 64.27 per litre, Gandhinagar at Rs 68.48 per litre, Hyderabad at Rs 69.28 per litre, Jaipur at Rs 68.02 per litre, Lucknow at Rs 64.11 per litre, Patna at Rs 68.37 per litre, Raipur at Rs 68.88 per litre and Srinagar at Rs 67.09 per litre.
Official U.S. inventory data will be published by the Energy Information Administration (EIA) late on Wednesday.
Explaining the decline global crude,Traders in a Reuters report said," the dips came after the American Petroleum Institute (API) late on Tuesday reported a surprise 5.3 million barrels rise in crude sticks in the week to March 23, to 430.6 million barrels."
U.S. WTI crude futures were at $64.71 a barrel by 0356 GMT, down 54 cents, or 0.8 percent, from their previous settlement. Brent crude futures were at $69.65 per barrel, down 46 cents, or 0.7 percent.