No change in petrol, diesel costs for 15 consecutive days

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No change in petrol, diesel costs for 15 consecutive days

Petrol, diesel costs have remained regular for about half of the present month as steady world oil costs have ensured that oil advertising and marketing firms didn’t revise retail gasoline costs.

Diesel worth has stayed on the identical stage since final October three, finishing 15 days when the gasoline didn’t see any revision. Petrol worth has been steady for an extended interval, finishing 25 days on Saturday.

With no revision in gasoline costs on Saturday, within the nationwide capital, diesel continues to be priced at Rs 70.46 per litre. Equally, costs of the gasoline In Mumbai, Chennai and Kolkata, can also be steady at Rs 76.86, Rs 75.95 and Rs 73.99 respectively.

The worth of petrol in Delhi, Mumbai, Chennai and Kolkata stays at Rs 81.06, Rs 87.74, Rs 84.14 and Rs 82.59 per litre respectively.

Petrol and diesel costs noticed quite a lot of volatility within the months of July, August and September when costs moved up and down at frequent intervals with diesel costs witnessing steep fall these days.

The event within the gasoline market is consistent with the motion of worldwide oil costs. Crude costs remained mushy for many of the earlier weeks and fell nearly 10 per cent to shut to $ 40 a barrel per week again. In the previous couple of days, it has risen and is now round $ 42 a barrel.

Persevering with coronavirus pandemic has impacted oil demand and pushed down costs within the absence of another set off to elevate the markets.

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