Petrol prices remain at lowest level in over 2 months

Petrol and diesel prices remained unchanged today. In Delhi, petrol retailed at 73.60 a litre, unchanged from yesterday’s levels. This is the lowest since November 15, 2019. In Kolkata, Mumbai and Chennai petrol was today sold at ₹76.22, ₹79.21 and 76.44 respectively, according to Indian Oil website.

Diesel prices also remained steady today. In Delhi, diesel retailed at ₹66.58 a litre, the lowest since December 21, 2019. In Kolkata, Mumbai and Chennai prices remained at ₹68.94 a litre, ₹69.79 and ₹70.33 respectively.

In India, the retail prices of petrol and diesel are dependent on the international crude prices and the rupee-US dollar exchange rate. India imports nearly three-fourth of its crude requirements. Oil marketing companies, including Indian Oil, revises domestic petrol and diesel prices on a daily basis, effective from 6 am.

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