City
Epaper

Diesel prices down for 3rd straight day

By IANS | Updated: September 27, 2020 11:55 IST

New Delhi, Sep 27 Diesel prices continued to dip for the third straight day on Sunday on the ...

Open in App

New Delhi, Sep 27 Diesel prices continued to dip for the third straight day on Sunday on the back of subdued crude oil prices globally.

In the national capital, diesel was priced at Rs 70.80 per litre, 14 paise down from Rs 70.94 a litre on Saturday.

Similarly, its price fell in the other metros as well. In Mumbai, Chennai and Kolkata, the fuel was sold at Rs 77.22, Rs 76.27 and Rs 74.32 respectively on Sunday, compared to the previous levels of Rs Rs 77.36, Rs 76.40 and Rs 74.46 per litre.

Oil marketing companies, however, kept petrol prices unchanged for the fifth consecutive day. In Delhi, Mumbai, Chennai and Kolkata, petrol was priced at Rs 81.06, Rs 87.74, Rs 84.14 and Rs 82.59 per litre respectively.

The recent fuel price fall is on the back of expectation of slowing demand for oil globally as a second wave of coronavirus spike threatens further derailment of economic activity.

Brent crude price is also subdued around $42 a barrel.

For domestic auto fuel consumers, the price fall has been a bonanza amid the current tough economic conditions. With the price cut on Sunday, diesel has now become cheaper by Rs 2.76 per litre in Delhi this month.

( With inputs from IANS )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

BusinessTop 6 firms add Rs 75,257 crore in market value

NationalMahayuti surges past 200-mark as BJP dominates Maharashtra local body polls

International"We set a really bad example as a nation": Bangladeshi journalist slams violence after Osman Hadi's death, flags law-and-order failure ahead of polls

National'Manjhi’s statement validates Cong claims': Tariq Anwar on vote recount row

InternationalBangladesh: Indian visa operations suspended in Chittagong amid rising tensions

Business Realted Stories

BusinessMPC likely to remain on extended pause; further rate cuts hinge on inflation trend: Report

BusinessUltraTech Cement faces Rs 390 crore GST demand

BusinessGeM records over 11.25 lakh MSE sellers securing Rs 7.44 lakh crore in Govt orders

BusinessIndia’s biogas sector likely to attract Rs 5,000 crore investment in 2026-27

BusinessSharp fall, then partial recovery, 85% of India's exports to US show different pattern as tariffs rise