Despite a rise in crude oil prices in the global market, the oil marketing companies in India on Wednesday revised the petrol and diesel prices—on 10 February, fuel prices dropped across the country, down by around 30 paise.
In Mumbai, petrol was priced at Rs 93.49 per litre, down by 34 paisa, and diesel was priced at Rs 83.99 per litre, down by 37 paise, as on 10 February. Meanwhile, on 9 February, petrol was up by 34 paise at Rs 93.83 per litre and diesel was priced at Rs 84.36 per litre in Mumbai.
Fuel prices in the national capital dropped as well. Today, petrol is priced at Rs 86.95 per litre and diesel at Rs 77.13 per litre, both down by 35 paise.
On Wednesday, petrol price in Kolkata was down by 29 paise, priced at Rs 88.92 per litre, while diesel came down by 25 paise to sell at Rs 81.31 per litre.
In Chennai, petrol was priced at Rs 89.39 per litre, down by 31 paise, and diesel’s rate dropped by 33 paise, priced at Rs 82.33 per litre.
In the international market, crude oil prices have been rallying for over a week now. This is mainly on the hope that global fuel demand will pick up further and with oil producing countries cutting down production of oil.
According to , Brent crude was up by 11 cents, or 0.2%, at $61.20 by 01.10 GMT after rising nearly 1% on Tuesday, when it touched a 13-month high.