Currently, petrol and diesel costs are determined broadly by crude oil and forex rates.Petrol, diesel costs today: The nation's largest fuel seller Indian Oil Corporation has left the petrol prices the same throughout the metros on Thursday i.e.
Might 13 after a walking for three successive days.
The prices had touched fresh all-time highs on the previous day.
The fuel rates have been hiked seven times considering that May 4, when the state-owned oil companies ended an 18-day hiatus in rate revision observed throughout assembly elections in states such as West Bengal.In Delhi, fuel rates stayed constant at Rs 92.05 per litre and diesel was the same at Rs 82.61 per litre, according to Indian Oil Corporation.
Currently, petrol and diesel costs are greatest in the financial capital of the nation.
Fuel in Mumbai was retailed at Rs 98.36 per litre and diesel was cost Rs 89.75 per litre.Below are the latest fuel and diesel rates throughout 4 metro cities: The state-run oil marketing business including Indian Oil Corporation, Bharat Petroleum and Hindustan Petroleum line up the rates of domestic fuel with the worldwide crude oil costs by taking into consideration modifications in the foreign exchange rates.
The brand-new modifications in fuel rates are carried out with result from 6 am every day.Meanwhile, oil prices fell on Thursday, pulling back from an eight-week high as concerns about the coronavirus crisis in India, the world's third-biggest importer of crude, tempered a rally driven by IEA and OPEC predictions that require is coming back strong.Brent crude was down 32 cents, or 0.5 percent, at $69.00 a barrel and West Texas Intermediate (WTI) was down 31 cents or 0.5 per cent to $65.77 a barrel.