By Srinivas Chowdary Sunkara // petrobazaar // 21st July 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. Petrol retail prices are kept unchanged for last 22 days while diesel prices are increased by Rs.12.25 or 16.32% since June 7th. As per the data compiled by IOCL, the Diesel sales of state-refiner's fell by 18% to 2.2Mt in the first half of July from the same period in June and by about 21% from a year earlier. The sale of petrol fell 6.7% to 880000 tonnes in the first half of July from the same period in June and by about 12% from a year earlier as the data showed. Higher fuel prices and lock down restrictions are the reasons behind the slump in auto fuel sales.
In Hyderabad, Petrol is being sold at Rs.83.49 and Diesel at Rs.79.85 a liter today. In Delhi, Petrol is priced at Rs.80.43 and diesel at Rs.81.64 per liter. In Kolkata, Petrol is now selling at Rs.82.10 and diesel at Rs.76.77 a liter. In Mumbai, Petrol and diesel are costing Rs.87.19 and Rs.79.83 respectively. Petrol pumps are charging Rs.83.63 and Rs.78.60 per liter respectively in Chennai.
BIODIESEL PRICE TRENDS
Bio diesel 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. The Crude Palm Oil futures(FCPO) for Oct delivery slipped 21 ringgits to 2640 ringgits while FKLI futures to be delivered in July increased by 10 ringgits to 1601.5 ringgits on Bursa Malaysia.
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