Total Pageviews

Monday, June 11, 2018

2018 Petrol Price Revision - Petrol prices cut in the range of 19-21 paise/lite and Diesel by 15-16 paise/litre Monday June 11,2018

Petrol and diesel prices today were decreased in Delhi, Kolkata, Mumbai and Chennai. While Monday June 11,2018 's reduction was in the range of 19-21 paise per litre in case of petrol compared to the previous day's prices diesel prices were cut by 15-16 paise per litre in the four metros, according to data from IOC

 With effect from 6 am Monday June 11,2018 , petrol prices  were at Rs. 76.58 a litre in Delhi, Rs. 79.25 a litre in Kolkata, Rs. 84.41 a litre in Mumbai and Rs. 79.48 per litre in Chennai, Indian Oil Corporation - the country's largest fuel retailer - notified on its website.

Diesel prices today were at Rs. 67.95 a litre, Rs. 70.5 a litre, Rs. 72.35 a litre and Rs. 71.73 a litre, in Delhi, Kolkata, Mumbai and Chennai respectively.

Including Monday June 11,2018's cut, petrol prices have been brought down by a total Rs. 1.85 per litre in Delhi, Rs. 1.81 per litre in Kolkata, Rs. 1.83 per litre in Mumbai and Rs. 1.95 per litre in Chennai since May 29, Indian Oil Corporation data shows. Diesel prices have been lowered by Rs. 1.36 a litre in Delhi and Kolkata each, Rs. 1.44 per litre in Mumbai and Rs. 1.45 a litre in Chennai.

 Petrol price (in Rs. per litre)Diesel price (in Rs. per litre)

The thirteen cuts in petrol prices, and twelve in case of diesel in 13 days, come after 16 consecutive hikes in May 2018, a month marked by international crude oil prices hittin g 2014 highs around $80 a barrel and the rupee falling to its weakest level against the US dollar in the past 18 months. From May 14 to May 29, petrol prices were increased in the range of Rs. 3.74-4 per litre across Delhi, Kolkata, Mumbai and Chennai, while diesel rates were revised upwards by Rs. 3.23-3.62 per litre in the four metros.

No comments:

Post a Comment