Petrol And Diesel Prices Slashed

By Saroni Chakravarti | June 26, 2018

Fuel prices witnessed a fall across all major cities today. This move came after OPEC agreed to boost oil production following concerns raised by China, India and the US over rising fuel prices. 

Petrol and diesel prices slashed

In a breather to consumers across major metros, fuel prices experienced a sizeable cut today. In the national capital, petrol price was reduced by 14 paise and diesel by 10 paise. Diesel price in Delhi today is Rs. 67.38 down from yesterday’s Rs. 67.48. The petrol price in Delhi has also been slashed to Rs. 75.55.

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Why the cut? 

This development came after the Organisation of Petroleum Exporting Countries (OPEC) decided to boost oil production by an extra 1 million barrels per day (bpd) to cater to the rising demand of fuel across the world. Last week the OPEC agreed to raise oil production after concerns raised over rising fuel prices by consumers across India, China and the US.

Additional Reading: Which Car Should You Buy-Petrol or Diesel?

What are the current prices?

Currently, petrol and diesel prices in the four metros are as follows:

City  Petrol (in Rs.) Diesel (in Rs.)
Mumbai 83.12 71.52
Delhi 75.55 67.38
Kolkata 78.23 69.93
Chennai 78.4 71.12

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Saroni Chakravarti

About Saroni Chakravarti

Saroni loves all things quaint and old world- be it art, music or cinema. She has a special knack for spotting the weirdest traits in people and can't for the life of her understand why she attracts the worst co-passengers. Despite her cynical exterior, she still hopes for a world that will be free from discrimination and cruelty. When she's not spending her day commuting, she can be found watching funny videos, reading, and sending out needy vibes to strays around her.

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