By Srinivas Chowdary Sunkara // petrobazaar // 28th June, 2019.
PETROL DIESEL PRICE TODAY IN INDIA
Petrol diesel prices 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 prices are increased by 5 paise or 0.1% and diesel prices are revised up by 6 paise or 0.09% today. Petrol is being sold at Rs.70.17 a liter while diesel is priced at Rs.64.01 per liter in the capital city of India, Delhi.
BIO DIESEL NEWS
The Indian government indicated a target of 20% blending of ethanol in petrol and 5% blending of bio diesel in diesel by 2030. The Ministry of Petroleum and Natural Gas has also issued the guidelines for the sale of bio diesel for blending with high-speed diesel for transportation purposes. Last year, the first bio fuel-based flight in India completed its journey from Dehradun to Delhi, Marking a new chapter in the fast-growing domestic aviation sector. At the 2019 Republic Day celebrations, The Indian Air Force led the way towards a greener future by utilizing bio diesel for its aircraft during the fly-past ceremony.
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