By Srinivas Chowdary Sunkara // petrobazaar // 24th 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. Today, Both the Petrol diesel prices are increased by 7-8 paise or 0.1% across major cities in India. Petrol is being sold at Rs.70.05 per liter while diesel is offered at Rs.63.9 a liter in Delhi. Auto fuel prices are trended to go up following the spike in crude prices last week.
BIO DIESEL NEWS
Concerns rise as low palm oil prices may increase use of bio diesel. The selling prices of palm oil and diesel fuel have recently converged to the same level in U.S because the palm oil prices have tumbled to a very low level since January, 2017, temporarily even falling below the price of diesel fuel. The main reason is the continuing rise in global supplies of vegetable oil, especially palm oil.
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biodiesel news courtesy:biodiesel magazine