Fuel prices dip further due to softening of Brent crude

Source :IANS
Author :IANS
Last Updated: Tue, Jan 28th, 2020, 18:59:55hrs
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Fuel prices dip further due to softening of Brent crude

New Delhi: Fuel prices saw a marginal dip on Tuesday due to softening of international crude oil rates as demand declined following the outbreak of coronavirus in China. The price of petrol was cut by 12 paise and that of diesel by 14 paise across all major cities on Tuesday.

The petrol now costs Rs 73.60 a litre in Delhi, Rs 79.21 a litre in Mumbai, Rs 76.22 a litre in Kolkata and Rs 76.44 a litre in Chennai after the price cut.

Similarly, diesel costs Rs 66.58 a litre in Delhi, Rs 69.79 a litre in Mumbai, Rs 68.94 per litre in Kolkata and Rs 70.33 a litre in Chennai, according to the Indian Oil Corporation website.

The rising number of coronavirus cases and lockdown of several cities in China have impacted crude demand in that country. China is the second largest consumer of crude oil.

Petrol and diesel prices in India might fall further in the coming days

as people are restricting their travel plans to China leading to decrease in demand.

The retail prices of fuel are dependent on the international crude prices and the rupee-US dollar exchange rate as India imports almost 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.


State Capitals (Applicable from 6:00 a.m. on 28-01-2020) Petrol Current Price(Per Lt) Petrol Previous Price(Per Lt) Change(Rs)
Petrol price in New DelhiRs.73.71 Rs.73.86 -0.15
Petrol price in KolkataRs.76.33 Rs.76.48 -0.15
Petrol price in MumbaiRs.79.32 Rs.79.47 -0.15
Petrol price in ChennaiRs.76.56 Rs.76.71 -0.15
Petrol price in GurgaonRs.73.33 Rs.73.39 -0.06
Petrol price in NoidaRs.75.10 Rs.75.22 -0.12
Petrol price in BangaloreRs.76.17 Rs.76.33 -0.16
Petrol price in BhubaneswarRs.72.74 Rs.72.85 -0.11
Petrol price in ChandigarhRs.69.65 Rs.69.79 -0.14
Petrol price in HyderabadRs.78.38 Rs.78.54 -0.16
Petrol price in JaipurRs.77.55 Rs.77.66 -0.11
Petrol price in LucknowRs.75.11 Rs.75.22 -0.11
Petrol price in PatnaRs.78.49 Rs.78.57 -0.08
Petrol price in TrivandrumRs.77.06 Rs.77.03 0.03
Petrol price in DelhiRs.73.71 Rs.73.86 -0.15
Petrol price in KolkataRs.76.33 Rs.76.48 -0.15
Petrol price in MumbaiRs.79.32 Rs.79.47 -0.15
Petrol price in ChennaiRs.76.56 Rs.76.71 -0.15
Petrol price in FaridabadRs.73.60 Rs.73.72 -0.12
Petrol price in GurgaonRs.73.33 Rs.73.79 -0.46
Petrol price in NoidaRs.75.10 Rs.75.22 -0.12
Petrol price in GhaziabadRs.75.11 Rs.75.23 -0.12
Petrol price in AgartalaRs.74.25 Rs.74.40 -0.15
Petrol price in AizwalRs.70.12 Rs.70.49 -0.37
Petrol price in AmbalaRs.73.11 Rs.73.20 -0.09
Petrol price in BangaloreRs.76.17 Rs.76.33 -0.16
Petrol price in BhopalRs.81.81 Rs.81.86 -0.05
Petrol price in BhubhaneswarRs.72.74 Rs.72.85 -0.11
Petrol price in ChandigarhRs.69.65 Rs.69.75 -0.10
Petrol price in DehradunRs.75.67 Rs.75.84 -0.17
Petrol price in GandhinagarRs.71.04 Rs.71.36 -0.32
Petrol price in GangtokRs.76.60 Rs.76.75 -0.15
Petrol price in GuwahatiRs.75.84 Rs.75.94 -0.10
Petrol price in HyderabadRs.78.38 Rs.78.54 -0.16
Petrol price in ImphalRs.72.02 Rs.72.16 -0.14
Petrol price in ItanagarRs.67.43 Rs.67.53 -0.10
Petrol price in JaipurRs.77.55 Rs.77.66 -0.11
Petrol price in JammuRs.73.88 Rs.74.05 -0.17
Petrol price in JalandharRs.73.48 Rs.73.86 -0.38
Petrol price in KohimaRs.72.04 Rs.72.14 -0.10
Petrol price in LucknowRs.75.11 Rs.75.22 -0.11
Petrol price in PanjimRs.70.30 Rs.70.40 -0.10
Petrol price in PatnaRs.78.49 Rs.78.57 -0.08
Petrol price in Port BlairRs.63.65 Rs.63.75 -0.10
Petrol price in RaipurRs.74.30 Rs.74.50 -0.20
Petrol price in RanchiRs.71.82 Rs.72.38 -0.56
Petrol price in ShillongRs.73.57 Rs.73.73 -0.16
Petrol price in ShimlaRs.74.73 Rs.74.41 0.32
Petrol price in SrinagarRs.77.76 Rs.77.11 0.65
Petrol price in TrivandrumRs.77.06 Rs.77.03 0.03
Petrol price in SilvassaRs.71.79 Rs.72.12 -0.33
Petrol price in DamanRs.71.79 Rs.71.90 -0.11
Petrol price in PondicherryRs.72.39 Rs.72.88 -0.49
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