ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Railways
  • World
    • Economy
    • Politics
    • Markets
  • Survey
  • videos
  • photos
  • More ...
    • VIDEOS
    • PHOTOS
BREAKING NEWS
  • IRDAI sets a target of 5 years for life insurance companies for greater penetration; proposes state-level committee
  • Dalal Street Corner: Bank, FMCG stocks help Nifty clear crucial hurdle of 15,800; what should investors do on Tuesday?
  • Despite windfall tax, brokerages remain bullish on oil & gas stocks; see up to 70% upside on ONGC, Oil India
  • Rupee settles flat at 78.94 against US dollar
  • Akasa Air showcases crew uniform; conducts proving flight test
Read in App
Business News » India News

Petrol, Diesel price down gradually in India, as crude oil tumbles

Petrol has tumbled in the range of 85 paisa to 91 paisa per litre, whereas diesel prices have come down between Rs 1.20 and Rs 1.28 per litre. 

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Petrol, Diesel price down gradually in India, as crude oil tumbles
Representational Image: Photo: Pixabay

After seeing a marginal hike in their prices on the previous day, petrol and diesel in India once again fell on Thursday. 

If compared with previous day's price, petrol prices for February 22 in New Delhi, Mumbai and Chennai stand at Rs 71.70 per litre, Rs 79.58 per litre and Rs 74.35 per litre, each seeing 2 paisa decline for the day. 
 
In Kolkata, petrol was down by 1 paise per litre and was made available at Rs 74.45 per litre.

Petrol prices for February 21, in New Delhi was at Rs 71.72 per litre, in Kolkata at Rs 74.44 per litre, in Mumbai at Rs 79.60 per litre and in Chennai at Rs 74.37 per litre. 

Similar was the case with diesel prices in India. 

On Thursday, diesel declined by 1 paisa each in New Delhi, Mumbai and Chennai to Rs 62.29 per litre, Rs 66.34 per litre and Rs 65.67 per litre, respectively. 
 
In Kolkata, this fuel product saw a fall of 2 paise and was available at Rs 66.98 per litre. 

Diesel on February 21, was valued at Rs 62.30 per litre in New Delhi, Rs 64.96 per litre in Kolkata, Rs 66.35 per litre in Mumbai and Rs 65.68 per litre in Chennai. 

State-owned oil marketing companies (OMCs) like IOCL, Bharat Petroleum Corp Limited (BPCL) and Hindustan Petroleum Corp Limited (HPCL) have started to bring petrol and diesel prices from February 8. 
 
Meantime, in global oil markets, US crude futures fell 61 cents to $61.06 a barrel, while Brent lost 48 cents to trade at $64.94.

Currently, petrol and diesel price revision in various cities are determined by global crude rates, rupee-dollar exchange rate along with excise duty and VAT levied by the ministry and the state government. 

Last year, India gave up on petrol, diesel subsidy and linked prices to the international markets in hope that consumers will benefit as crude oil prices are trading at a third of their lifetime highs. 

Zeebiz brings you daily updates on petrol and diesel prices. You can now compare previous day and present day's price change in petrol and diesel prices here. 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
petrol pricesDiesel pricesArun JaitleyExcise DutyBudget FY19Union Budget 2018Fuel pricesfuel price highestEconomyUS crudeDollar IndexUS WTIBrent CrudeMarkets2018 Union BudgetRoad and Infrastructure Cess
Written By: ZeeBiz WebTeam
Updated: Mon, Jan 28, 2019
01:18 pm
Mumbai, ZeeBiz WebDesk
RELATED NEWS
Petrol, diesel prices rise after remaining unchanged for two consecutive days - Check the prices in metro cities and other details here Petrol, diesel prices rise after remaining unchanged for two consecutive days - Check the prices in metro cities and other details here
Petrol, diesel prices rise after two days of pause – Check the prices in metro cities, other details here Petrol, diesel prices rise after two days of pause – Check the prices in metro cities, other details here
Petrol, diesel prices remain unchanged: Check prices in metro cities, other details here Petrol, diesel prices remain unchanged: Check prices in metro cities, other details here
No hike in fuel prices on Monday, relief for consumers facing historic high rates No hike in fuel prices on Monday, relief for consumers facing historic high rates
Petrol, diesel prices today: Fuel rates hiked again for third consecutive day by 35 paise a litre Petrol, diesel prices today: Fuel rates hiked again for third consecutive day by 35 paise a litre

LATEST NEWS

Twitter Blue users on Android can now customise navigation bar

Opening Bell: Nifty above 15,900, Sensex jumps over 250 points; auto, metal top gainers

Stocks to buy today: List of 20 stocks for profitable trade on July 5

Prices of agricultural commodities are falling low; what is leading to the fall

Readjust Your Lens of Financial Planning to See Through Rising Inflation, Nityanand Prabhu, ED & Business Head, LIC Mutual Fund

Money Guru: How To Take Care Of Your CIBIL Score For Better Financial Planning? Expert decodes

Editor’s Take: How long crude will continue to trade range-bound, when reversal can be expected? Anil Singhvi decodes

CCPA issues guidelines on service charges by hotels, restaurant; charging to be illegal

National Apprenticeship Promotion Scheme Latest News: DBT - Govt to directly transfer Rs 1500 per month

IndiGo's OTP plunging in last 2 days: mass bunk, salary discontent among cabin crew

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
© 2022. India Dot Com Private Limited. All Rights Reserved.
LIVE TV