By Srinivas Chowdary Sunkara // petrobazaar // 12th June 2020.
DIESEL PETROL PRICE IN INDIA TODAY
DIESEL PETROL PRICES TREND IN INDIA
In India, Diesel and petrol prices are changed daily in line with a rise and fall of global oil prices. Following the daily price revision of auto fuels in India, Oil marketing companies increased petrol and diesel prices today for the sixth consecutive day after ending the 82 days of hiatus in rate revision. Both the auto fuel retails prices are soared up 0.8 pct from yesterday's price, logging into above 4% hike for last 6 days. Petrol prices registered an uptick of Rs.3.31 and diesel prices are clocked Rs.3.42 hike during the last six days. IOCL boosted throughput to nearly 83pc of its capacity on track to hit 90 pct this month after demand for all fuels almost doubled in May compared with April, expecting further demand growth in June and July. post ease of lock down across the country.
Today, In Hyderabad, Petrol is being sold at Rs.77.41 after an increase of 59 paise and Diesel price pegged at Rs.71.16 a liter after 59 paise up. In Delhi, Petrol is priced at Rs.74.57 and diesel at Rs.72.81 per liter. In Kolkata, Petrol is now selling at Rs.76.48 and diesel at Rs.68.70 a liter. In Mumbai, Petrol and diesel are costing Rs.81.53 and Rs.71.48 respectively. Petrol pumps are charging Rs.78.47 and Rs.71.14 per liter respectively in Chennai.
BIODIESEL PRICE TRENDS
Biodiesel prices are bench marked with diesel prices in Indian retail market. The retail prices of bio diesel remain unchanged today and trended to follow the changes in diesel prices in India. Bio diesel B100 and B50 graded fuel prices are sold at competitive prices in Hyderabad retail market. Crude palm oil – Ringgit futures traded 17 ringgits or .72% up to close at 2366 ringgit yesterday.
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