Amid coronavirus outbreak, the petrol and diesel prices across major cities on Tuesday remained unchanged for sixteenth consecutive day.
According to the official website of Indian Oil Corporation, on Thursday, petrol now costs Rs 69.59 per litre in Delhi, Rs 75.30 per litre in Mumbai. Similarly, diesel costs Rs 62.29 a litre in Delhi, Rs 65.21 a litre in Mumbai. In Chennai, a litre of petrol will cost Rs 72.28 per litre whereas diesel is now priced at Rs 65.71 per litre, while in Kolkata, petrol and diesel will cost Rs 64.62 and Rs 72.29, respectively. The retail prices of the 2 fuels are revised daily. The petrol and diesel rates are revised on the basis of crude prices within the international market.
Crude oil prices on Tuesday rose Rs 47 to Rs 1,663 per barrel as participants widened their positions in line with a positive trend overseas. On the Multi Commodity Exchange, crude oil for delivery in April traded higher by Rs 47, or 2.91 per cent, to Rs 1,663 per barrel in 48,048 lots.
Crude oil for May delivery was up by Rs 55, or 2.88 per cent, to Rs 1,962 per barrel with an open interest of 501 lots. Globally, West Texas Intermediate was trading higher by 6.07 per cent at USD 21.31 per barrel and, Brent crude was up by 1.27 per cent to USD 23.05 per barrel in New York.