:: Fuel Analysis --- ID :: 16530
Biodiesel price // 26-08-2019
Diesel prices are increased for the third day in India

By Srinivas Chowdary Sunkara // petrobazaar // 26th August, 2019.


Biodiesel prices are bench marked with diesel prices in the Indian retail market. In US, Ethanol swaps prices slipped by 1.49% at 1.325s. Trump summoned cabinet members to discuss biofuels policies after being faced with increasing anger by farmers over rules that allow oil refineries to use less corn-based ethanol. Current US regulations require refiners to blend biofuels in their fuel or buy credits to fund refineries who can. Small refiners can seek exemptions. However, Trump's EPA has granted waivers to refineries owned by companies including Exxon Mobil Cor, Chevron Cor and billionaire Carl lcahn.


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 increased for the third day after remained unchanged for previous three days. Petrol is being sold at Rs.72.07 and diesel is priced at Rs.65.35 per liter in the capital city of India, Delhi.

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