Indian Oil, BPCL and Hindustan Petroleum account for the majority of fuel outlets in the country
Petrol, Diesel Price Today: Petrol and diesel prices remained unchanged at existing levels in the metros on Friday. In Delhi, the prices of petrol and diesel remained at Rs 80.43 per litre and Rs 73.56 per litre on Friday, and Rs 87.19 per litre and Rs 80.11 per litre respectively in Mumbai, according to notifications from state-run Indian Oil Corporation. Currently, fuel prices vary in different parts of the country, due to factors such as crude oil and foreign exchange rates. (Also Read: How To Find Latest Petrol, Diesel Rates In Your City).
Here are the current petrol and diesel prices (in rupees per litre):
| City | Petrol | Diesel |
|---|---|---|
| Delhi | 80.43 | 73.56 |
| Kolkata | 82.05 | 77.06 |
| Mumbai | 87.19 | 80.11 |
| Chennai | 83.63 | 78.86 |
| (Source: Indian Oil) | ||
State-run Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum Corporation – which account for the majority of fuel stations in the country – implement any revisions in the prices with effect from 6 am every day.
Meanwhile, crude oil slipped further below the $45 per barrel mark on Friday, giving up this week’s gains, under pressure from doubts about demand recovery due to the novel coronavirus pandemic and rising supply.
Brent crude futures – the global benchmark for crude oil – were last seen trading 0.8 per cent lower at $44.59 per barrel.
Two prominent forecasters, the International Energy Agency and the Organization of the Petroleum Exporting Countries, trimmed their 2020 oil demand forecasts this week.
OPEC and its allies are increasing output this month.
The rupee ended weaker by six paise at 74.90 against the US dollar.
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