Crude Shock: Diesel prices go down, with no change in Petrol prices. Check today's Gasoline prices in major cities

Crude Shock: Diesel prices go down, with no change in Petrol prices. Check todays Gasoline prices in major cities
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Highlights

  • Gasoline Prices Today: One litre of gas costs Rs 72.08 in Delhi on Saturdays. Diesel is retailed at Rs 65.64, 11 less than Friday's rate
  • Diesel prices have dropped from 7 to 11 pesetas per litre on Saturdays Fuel prices are the cheapest in Delhi due to lower taxes

New Delhi: State-run oil trading companies on Saturday (August 10th) refrained from changing retail gas prices. However, diesel prices fell for the third day in a row in the country's major cities. After revising today's rate, diesel prices fell from 7 to 11 pesetas per litre. In Delhi, the national capital, a litre of gasoline today costs 72.08 litres, while the price of diesel has dropped to 65.64 rupees per litre, against 65.75 rupees Friday. The price of retail gasoline is the cheapest in Delhi among all metros and state capitals due to lower taxes.

In Chennai, citizens have to pay 74.87 Rs for one litre of petrol while diesel prices have fallen to 69.35 Rs per litre, according to data available on the website of Indian Oil Corp. Similarly, in Kolkata, gasoline sells at 74.78 Rs per litre, while the price of diesel dropped to 68.01 Rs 7, 7 less than the price of 68.08 Rs per litre. yesterday.

The citizens of Mumbai have to pay 77.74 Rs for a litre of gasoline, which has not changed from the price of Friday. A litre of diesel costs 68.82 Rs 94, 12 Rpas less than yesterday's rate of 68.94 Rs per litre.

Gasoline at Gurgram sells for Rs 72.18 (unchanged from yesterday's price) a litre and diesel is charged at Rs 64.99 (Decrease of 9 Paise) per litre. In Noida, the price of gasoline is 71.63 Rs per litre, while diesel has become cheaper by 9 per cent compared to the price of 64.96 Rs per litre yesterday.

As the country's daily price mechanism, retail gasoline, and diesel prices depend on world crude oil prices and the rupee / US dollar exchange rate, with India accounting for 80% of its crude oil requirements. At the same time, Goldman Sachs lowered its forecast of oil demand in 2019 last month, joining other forecasters such as the International Energy Agency (IEA) and OPEC to reduce its outlook on oil demand. fuel consumption.

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