:: Fuel Analysis --- ID :: 14611
petrol diesel price today as on 20/12/17
PETROL DIESEL PRICE TREND

By Srinivas Chowdary Sunkara // petrobazaar // 20-12-2017.

PETROL DIESEL DAILY PRICE REVISION
20/12/2017PETROL PRICEDIESEL PRICE
LOCATIONYESTERDAYTODAYCH+/-YESTERDAYTODAYCH +/-
Delhi69.2769.350.0858.6558.750.1
Kolkata72.0372.110.0861.3161.410.1
Mumbai77.1777.250.0861.8762.030.16
Chennai71.7971.870.0861.7761.880.11

PETROL DIESEL PRICE REVISION ANALYSIS

Petrol is burdened with 8 paise per ltr with 0.11% upward revision while Diesel prices are up with 10 - 11 paise per ltr with 0.11% upward change as today from previous price around all major metro cities in India except in Mumbai where HSD prices are hiked by 16 paise per ltr.

Yesterday, Crude oil prices in global market were went up. Brent prices were supported by U.K's forties pipeline outage while WTI prices were supported with the expected fall in U.S crude stocks to be reported by industrial agency.  The Rupee hit a three-month high of 64 and closed at 64.05/$ on the week dollar against other currencies in the international market.

PETROL DIESEL PRICE TREND

Increased dealer prices backed by bullish crude oil prices of both the fuels pushed the motor fuel oil prices up. Petrol and Diesel prices are trended to go up slightly as per the fundamentals appeared. Petrol an diesel price changes are subjected to supply, demand and government policy.

Disclaimer: Views and opinions expressed here are for information purposes only and not an offer or a solicitation to sell or buy any physical commodities or financial instruments. The views and analysis are based on reliable public information available at the time of writing. This report and its content cannot be copied, redistributed or reproduced in part or whole without the prior written permission of petrobazaar.com