Petrol-Diesel prices fall drastically, know- condition of major cities including Delhi-NCR

Due to the widespread effect of coronavirus in China, there has been a huge reduction in the prices of crude oil all over the world. This has also affected the prices of petrol and diesel. Petrol-diesel prices have come down in Delhi, Mumbai, Chennai and Kolkata, which are included in the metro city. In the country’s capital Delhi, the price of diesel has been cut by Rs 2.33 and the price of petrol has been reduced by Rs 2.69. After this, petrol in Delhi is getting Rs 70.29 and diesel is getting Rs 63.01 per liter.

Price of petrol

70.29 per liter in Delhi

75.99 per liter in Mumbai

72.98 per liter in Kolkata

73.02 per liter in Chennai

72.58 per liter in Noida

72.45 per liter in Ghaziabad

Price of diesel

63.01 per liter in Delhi

65.97 per liter in Mumbai

65.34 per liter in Kolkata

66.48 per liter in Chennai

Petrol-diesel prices became cheaper for the seventh consecutive day

Earlier on Tuesday also, oil marketing companies cut petrol prices in Delhi, Kolkata, Mumbai and Chennai and this trend continued on Wednesday. According to the website of Indian Oil, after the cut, petrol in Delhi was cheaper by Rs 1.15 and diesel by Rs 1.02 on Tuesday. 

It is worth noting that from June 16, 2019, the prices of petrol and diesel are changing every day according to the international market and the change in prices would happen daily at 6 am. With this, information about new prices is given at 6 am every day at Taman Petrol Pumps across the country.

Let us tell you that due to coronavirus spread in more than 80 countries of the world including China, the prices of petrol and diesel have been falling drastically during the last several days. This cycle continues continuously.

Oil prices may come down

According to experts who monitor petrol, there is little chance of a rise in the prices of Tej in the coming time, as the effect of corona virus is not going to end soon. This will benefit India the most, as India imports the highest amount of crude oil. At the same time, the people of the country have also started benefiting from the reduction in the prices of crude oil.

Know important point here

• According to the market experts of petroleum products, the price of crude oil has not seen such a huge decline during the last 3 decades. 
• At the beginning of the week, ie on Monday, when the market opened in Asia, the price of crude oil was 30. 
• Regarding the continuous decline in crude oil, experts say that this has happened due to the ongoing war between Saudi Arabia and Russia over the oil prices.