'Petrol, diesel prices may shoot up by Rs 5-6 a litre'

Last Updated: Wed, Sep 18, 2019 15:13 hrs
Petrol Pump (PTI image)

Mumbai: Following the largest ever-disruption of crude production in Saudi Arabia amid drone attacks on its key facilities, prices of petrol and diesel in India may shoot up by Rs 5 to 6 a litre in next fortnight, experts said on Monday.

A recent report by Kotak said that in light of the sharp rise in international crude oil prices, Indian oil marketing companies (OMCs) may increase the retail price of diesel and gasoline by Rs 5 to 6 per litre in the following fortnight.

Oil prices soared as much as 20 per cent to above $71 a barrel as markets reopened after a major attack on Saudi Arabia's oil infrastructure.

The attack immediately erased out 5.7 million barrels."These attacks resulted in production suspension of 5.7 million barrels of crude oil per day," Saudi Aramco said in a statement.

Oil prices, experts said, could spike in the next several days as a result of the attack on Saudi Aramco, the second-largest oil producer in the world.

Meanwhile, US President Donald Trump, in a tweet, said: "Saudi Arabia oil supply was attacked. There is reason to believe that we know the culprit, are locked and loaded depending on verification, but are waiting to hear from the Kingdom as to who they believe was the cause of this attack, and under what terms we would proceed!"

The drone attacks claimed by Yemen's Houthi rebels set alight two major oil facilities run by Aramco on Saturday, the Kingdom's Interior Ministry said.

The Saudi Press Agency, citing a statement by the Ministry, said that the drones caused the fire at the refinery in the city of Abqaiq in the Kingdom's oil-rich Eastern Province, as well as the blaze at the Khurais oil field, around 150 km from Riyadh.



State Capitals (Applicable from 6:00 a.m. on 18-09-2019) Petrol Current Price(Per Lt) Petrol Previous Price(Per Lt) Change(Rs)
Petrol price in DelhiRs.72.42 Rs.72.17 0.25
Petrol price in KolkataRs.75.14 Rs.74.89 0.25
Petrol price in MumbaiRs.78.10 Rs.77.85 0.25
Petrol price in ChennaiRs.75.26 Rs.74.99 0.27
Petrol price in FaridabadRs.72.46 Rs.72.46 0.00
Petrol price in GurgaonRs.72.27 Rs.72.27 0.00
Petrol price in NoidaRs.74.22 Rs.73.89 0.33
Petrol price in GhaziabadRs.73.72 Rs.73.72 0.00
Petrol price in AgartalaRs.72.78 Rs.72.78 0.00
Petrol price in AizwalRs.68.90 Rs.68.90 0.00
Petrol price in AmbalaRs.71.85 Rs.71.85 0.00
Petrol price in BangaloreRs.74.89 Rs.74.63 0.26
Petrol price in BhopalRs.77.37 Rs.77.37 0.00
Petrol price in BhubhaneswarRs.71.35 Rs.71.23 0.12
Petrol price in ChandigarhRs.68.49 Rs.68.25 0.24
Petrol price in DehradunRs.74.58 Rs.74.58 0.00
Petrol price in GandhinagarRs.69.78 Rs.69.78 0.00
Petrol price in GangtokRs.76.00 Rs.76.00 0.00
Petrol price in GuwahatiRs.74.40 Rs.74.40 0.00
Petrol price in HyderabadRs.76.99 Rs.76.72 0.27
Petrol price in ImphalRs.68.58 Rs.68.58 0.00
Petrol price in ItanagarRs.66.39 Rs.66.39 0.00
Petrol price in JaipurRs.76.30 Rs.76.16 0.14
Petrol price in JammuRs.73.96 Rs.73.71 0.25
Petrol price in JalandharRs.72.42 Rs.72.42 0.00
Petrol price in KohimaRs.71.03 Rs.71.03 0.00
Petrol price in LucknowRs.74.14 Rs.73.98 0.16
Petrol price in PanjimRs.68.68 Rs.68.44 0.24
Petrol price in PatnaRs.76.27 Rs.75.82 0.45
Petrol price in Port BlairRs.62.57 Rs.62.57 0.00
Petrol price in RaipurRs.73.20 Rs.72.84 0.36
Petrol price in RanchiRs.70.74 Rs.70.74 0.00
Petrol price in ShillongRs.72.21 Rs.71.97 0.24
Petrol price in ShimlaRs.71.41 Rs.71.41 0.00
Petrol price in SrinagarRs.77.16 Rs.76.87 0.29
Petrol price in TrivandrumRs.75.51 Rs.75.55 -0.04
Petrol price in SilvassaRs.70.89 Rs.70.55 0.34
Petrol price in DamanRs.70.43 Rs.70.43 0.00
Petrol price in PondicherryRs.71.54 Rs.71.54 0.00
Petrol price in New DelhiRs.72.17 Rs.72.03 0.14
Petrol price in KolkataRs.74.89 Rs.74.76 0.13
Petrol price in MumbaiRs.77.85 Rs.77.71 0.14
Petrol price in ChennaiRs.74.99 Rs.74.85 0.14
Petrol price in GurgaonRs.72.27 Rs.71.88 0.39
Petrol price in NoidaRs.73.89 Rs.73.92 -0.03
Petrol price in BangaloreRs.74.63 Rs.74.49 0.14
Petrol price in BhubaneswarRs.71.23 Rs.70.96 0.27
Petrol price in ChandigarhRs.68.25 Rs.68.12 0.13
Petrol price in HyderabadRs.76.72 Rs.76.57 0.15
Petrol price in JaipurRs.76.16 Rs.76.37 -0.21
Petrol price in LucknowRs.73.98 Rs.73.92 0.06
Petrol price in PatnaRs.75.82 Rs.75.74 0.08
Petrol price in TrivandrumRs.75.55 Rs.75.41 0.14