:: Fuel Analysis --- ID :: 14661
Diesel price trend
PETROL PRICE TREND ON 08-01-18

By Srinivas Chowdary Sunkara // petrobazaar // 08-01-18.

PETROL & DIESEL DAILY PRICE REVISION
08/01/2018PETROL PRICEDIESEL PRICE
LOCATIONYESTERDAYTODAYCH+/-YESTERDAYTODAYCH +/-
Delhi70.2870.430.1560.3160.490.18
Kolkata73.0273.170.1562.9763.150.18
Mumbai78.1778.320.1564.0864.280.2
Chennai72.8573.010.1663.5563.740.19

PETROL AND DIESEL PRICE REVISION ANALYSIS

Petrol price are increased by 15-16 paise per ltr or 0.21% while Diesel prices are spiked by 18-20 paise per ltr with 0.29% upward change around all major metro cities in India as on today from yesterday's price.

During last week, Petrol prices were boosted by 31 paise with 0.44 percentage change while Diesel prices were hiked by 67 paise with 1.11% change. Crude oil prices were bullish during the last week. Both the futures went up by above 1 percentage. Domestic currency was strengthened by 0.105 percentage during the same period.

DIESEL AND PETROL PRICE TREND

An increase in the average price of crude oil for Petrol and Diesel by a 45 paise or 0.6% and  Rs.1.71 or 2.2%  apiece pushed up the prices during the last week. based on the fundamentals of global crude oil market, prices are trended to move upwards. A change in Motor fuels is subjected to supply, demand and government policy.

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