By Srinivas Chowdary Sunkara // petrobazaar // 30th Nov 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 unchanged across India today. During the month, Petrol prices are increased by Rs.9.17 with 12.1% hike and Diesel prices are spiked by Rs.11.14 with 14.95% up in the national capital of India. Union petroleum minister Dharmendra Pradhan defended the increase in fuel prices saying that the hike did not impact the common man. He further pointed out that the demand for both the auto fuels sank 70% during the lock down period and is coming back after easing lock down in the country. He further justified the increase saying that the extra money collected is routing to welfare activities like health, employment and economic security in the country.
In Hyderabad, Petrol is being sold at Rs.83.49 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.87.19 and diesel at Rs.78.83 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 futures for Sep delivery are trading 3 ringgits high at 2344 ringgits while FKLI July futures are trading with 12 ringgits up at 1502 ringgits.
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