Saturday, Apr 20 2024 | Time 07:10 Hrs(IST)
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Business Economy


Petrol rates increase by 5 paise, Diesel cut by 7 paise in Delhi

Petrol rates increase by 5 paise, Diesel cut by 7 paise in Delhi

New Delhi, Dec 15 (UNI) Petrol prices were raised by 5 paise on Saturday while Diesel prices were cut by 7 paise in Delhi and Kolkata, and 8 paise in Mumbai and Chennai.

Petrol now costs Rs 70.34 per litre in Delhi, Rs 75.96 in Mumbai, Rs 72.99 in Chennai and Rs 72.43 in Kolkata.

Diesel rates per litre were Rs 64.50 in Delhi, Rs 67.50 in Mumbai, Rs 68.10 in Chennai and Rs 66.26 in Kolkata.

On Friday, diesel retailed at Rs 64.57 in New Delhi, the lowest in the national capital since the start of the current fiscal (2018-19).

Since October, global oil prices have tumbled nearly 30 per cent amid concerns over supply and worries on global growth.

Petrol and diesel prices depend on international prices of crude and the rupee-US dollar exchange rate since India imports almost 80 per cent of its oil requirement.

UNI RSA ADG 1823

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