By Srinivas Chowdary Sunkara // petrobazaar // 29th June 2020.
PETROL DIESEL PRICE TODAY IN INDIA
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, Diesel oil and petrol prices are raised again today after a gap of one day with no change. Today, Petrol prices are increased by 5 paise or 0.1% and diesel prices are up by 13 paise or 0.16 pct in the national capital of India. Both the auto fuel retail prices are ballooned up for 22 days out of last 23 days since the oil marketing companies restarted to change the daily prices after a hiatus of 83 days during the lock down period. Petrol is burdened with Rs.9.17 or 12.1% while diesel is weighed on with Rs.11.14 or 14.95% during the last three weeks across India. In Hyderabad, Petrol is being sold at Rs.83.44 and Diesel at Rs.78.69 a liter today. In Delhi, Petrol is priced at Rs.80.43 and diesel at Rs.80.53 per liter. In Kolkata, Petrol is now selling at Rs.82.10 and diesel at Rs.75.64 a liter. In Mumbai, Petrol and diesel are costing Rs.87.19 and Rs.78.83 respectively. Petrol pumps are charging Rs.83.63 and Rs.77.72 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 Sep futures prices are trading 32 ringgits down at 2336 ringgits while FKLI June futures are trading 9.5 ringgits up at 1494.5 ringgits
Disclaimer: Views and opinions expressed here are personal. This commentary is 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