Petrol, Diesel Become Costlier On Thursday

 Petrol, diesel prices rose on Thursday tracking the depreciation in rupee against the US dollar and the rise in international crude prices. After Thursday’s revision, petrol became costlier by 13-14 paise while diesel price increased by 18-20 paise per litre across major cities of the country. In the national capital Delhi, petrol price rose to Rs 70.47 as against Rs 70.33 on Wednesday whereas diesel price increased to 64.78 as compared to Rs 64.59 yesterday.

In Mumbai, petrol price rose to 76.11, 14 paise higher than yesterday’s price of Rs 75.97. Diesel in Mumbai is priced at  Rs 67.82, 20 paise higher than yesterday’s price of Rs 67.62.

In Chennai and Kolkata also petrol became costlier by 15 paise and 14 paise respectively to Rs 73.15 and Rs 72.58 respectively. Diesel in Chennai is priced at Rs 68.42, 20 paise higher than yesterday’s price while in Kolkata, diesel became costlier by 19 paise to Rs 66.55.

In Noida, petrol price rose by 11 paise to Rs 70.34 as against Rs 70.23 on Wednesday and diesel price hiked to Rs 64.10. Petrol in Gurugram became costlier by 11 paise to Rs 71.37 while diesel price increased to Rs 64.71 as against Rs 64.55 on Wednesday.

Oil prices dipped on Thursday as US crude production quickly approached an unprecedented 12 million barrels per day (bpd) just as worries about weakening demand emerge. US West Texas Intermediate (WTI) crude futures were at $52 per barrel in morning trade in Asia while international Brent crude oil futures were down 34 cents, or 0.6 per cent, at $60.98 per barrel.

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