After the revision of prices, petrol in Delhi is being sold at Rs 75. 97 per litre, while diesel costs Rs 70.97 per litre. In Mumbai, petrol is being retailed at Rs 81. 50 per litre and diesel at Rs 74.34 litre.
Similarly in Chennai and Kolkata petrol after the revision of price costs Rs 78.88 per litre and Rs 79.31 per litre respectively.
In Noida, petrol was priced at Rs 74.62 and diesel was retailing at Rs 69.37 per litre.
Including today’s cut, petrol prices have come down by over Rs 3 per litre while diesel price has come down by up to Rs 2 per litre in November so far.
The dip in fuel price come after the United States recently softened its stand on Iran’s sanctions and allowed eight countries to continue importing oil from Iran temporarily. These countries are India, China, South Korea, Japan, Turkey, Italy, the United Arab Emirates, and Taiwan.
Brent crude prices have come down by almost 30 per cent from their recent peaks in early October, weighed down by surging supply and a slowdown in demand growth. Brent crude futures were trading near $63 per barrel mark in Asian trade today.
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