Petrol price slashed to 8-month low, diesel at 9-month low. Latest rates here
NEW DELHI : Reflecting the last week’s slump in crude oil market, petrol and diesel prices were cut once again today. Petrol is now cheaper by 5 paise a litre and diesel by 7 paise a litre in Delhi. Following today’s cut, petrol price is now at 8-month low level while diesel is at 9-month low.
In Delhi, a litre of petrol is priced at ₹71.49 per litre and diesel at ₹64.03 per litre. In Mumbai, petrol is selling at ₹77.13 per litre and diesel at ₹67.05 per litre. In Chennai, a litre of petrol will cost ₹74.23 per litre whereas diesel is now priced at ₹67.57 per litre. In Bengaluru, petrol is now selling at ₹73.89 and diesel at ₹66.22. In Hyderabad, petrol pumps will charge ₹75.94 for petrol and ₹69.71 for diesel.
After a slowdown in fuel consumption in India due to the dipping of economic growth, diesel demand is estimated to see a 2.8% growth in FY21 to 86.6 million tonnes as compared with just 0.9% expansion in the current financial year.
