:: Fuel Analysis --- ID :: 16484
Biodiesel petrol diesel price today // 16-08-2019
Biodiesel prices hits five year low

By Srinivas Chowdary Sunkara // petrobazaar // 16th August, 2019.


petrol diesel prices in India are changed daily in line with a rise and fall of global crude prices. Following the daily price revision of auto fuels in India, Petrol and diesel prices are remained unchanged across India for last four days. During the month, petrol prices are decreased by 87 paise or 1.2% while diesel prices are went down by 57 paise or 0.87% since the beginning of the month. Petrol is being sold at Rs.71.99 per ltr where as diesel is priced at Rs.65.93 per ltr in the capital city of India, New Delhi. 


Biodiesel prices are benchmarked with diesel prices in the Indian retail biodiesel market. In US, Futures prices for the corn-based fuel are trading at five year lows after the US environment protection agency exempted many small refineries blending gasoline and diesel with ethanol. Sep dated ethanol futures on the Chicago Board of trade fell to $1.27 a gallon 14th August, 2019, Extending a decline of nearly 25% since June. 

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