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Petrol, Diesel Prices Rise On Thursday.

 Petrol, diesel prices increased on Thursday after remaining unchanged for the last two days as international crude prices continued to firm up. After Thursday’s revision petrol, diesel prices became costlier by 28-42 paise per litre across various cities of the country. In the National capital Delhi, petrol is sold at Rs 68.88 per litre as against Rs 68.50 yesterday and diesel is sold at  Rs 62.53, 29 paise higher than yesterday’s price of Rs 62.24.

In Mumbai, petrol is retailing at Rs 74.53, 37 paise higher than Wednesday’s price of Rs 74.16 while diesel price is set at Rs 65.43, 31 paise more than yesterday’s price of Rs 65.12 per litre. In Noida, petrol price rose by 29 paise to Rs 69.79 and diesel price was hiked to Rs 62.18 as against Rs 61.93 yesterday. In Gurugram, petrol, diesel prices rose to Rs 70.12 and Rs 62.79 respectively.

In the other two metros- Chennai and Kolkata- petrol is retailing at Rs 71.47 and rs 71.01 respectively as against  Rs 71.07 and Rs 70.64 respectively on Wednesday. Similarly, diesel in these two cities was retailing at Rs 66.01 and Rs 64.30 respectively on Thursday.

Worth mentioning that international crude oil prices extended its upward march on Wednesday as well. Brent crude futures crossed the $60 per barrel mark for the first time in 2019 as the mood in global markets was increasingly confident amid hopes the United States and China may soon end trade disputes that have undermined global economic growth. On Thursday, Brent crude futures were trading at $60.84 per barrel, down 0.96 per cent from their previous close on swelling US supplies. Crude prices have increased by over 10 per cent in the last six trading sessions. 

 Petrol, diesel prices increased on Thursday after remaining unchanged for the last two days as international crude prices continued to firm up. After Thursday’s revision petrol, diesel prices became costlier by 28-42 paise per litre across various cities of the country. In the National capital Delhi, petrol is sold at Rs 68.88 per litre as against Rs 68.50 yesterday and diesel is sold at  Rs 62.53, 29 paise higher than yesterday’s price of Rs 62.24.

In Mumbai, petrol is retailing at Rs 74.53, 37 paise higher than Wednesday’s price of Rs 74.16 while diesel price is set at Rs 65.43, 31 paise more than yesterday’s price of Rs 65.12 per litre. In Noida, petrol price rose by 29 paise to Rs 69.79 and diesel price was hiked to Rs 62.18 as against Rs 61.93 yesterday. In Gurugram, petrol, diesel prices rose to Rs 70.12 and Rs 62.79 respectively.

In the other two metros- Chennai and Kolkata- petrol is retailing at Rs 71.47 and rs 71.01 respectively as against  Rs 71.07 and Rs 70.64 respectively on Wednesday. Similarly, diesel in these two cities was retailing at Rs 66.01 and Rs 64.30 respectively on Thursday.

Worth mentioning that international crude oil prices extended its upward march on Wednesday as well. Brent crude futures crossed the $60 per barrel mark for the first time in 2019 as the mood in global markets was increasingly confident amid hopes the United States and China may soon end trade disputes that have undermined global economic growth. On Thursday, Brent crude futures were trading at $60.84 per barrel, down 0.96 per cent from their previous close on swelling US supplies. Crude prices have increased by over 10 per cent in the last six trading sessions. 

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