Petrol, Diesel Rates Raised In Metros For Second Straight Day
Despite a fall in global crude prices, petrol and diesel prices were raised for the second straight day on Friday, according to Indian Oil Corporation (IOC). One litre of petrol was being sold in New Delhi for Rs 76.50, in Kolkata for Rs 79.42, in Mumbai for Rs 83.94, and in Chennai for Rs 79.48, data from IOC's website iocl.com showed. Diesel was being sold in New Delhi at the rate of Rs 68.02 per litre, in Kolkata at Rs 70.80 per litre, in Mumbai at Rs 72.21 per litre, and in Chennai at Rs 71.86 per litre. Â
(Petrol, diesel rates on Friday in four metro cities of the country)
On Thursday, petrol was sold at the rate of Rs 76.43/ litre in Delhi, Rs 79.33/ litre in Kolkata, Rs 83.87/ litre in Mumbai, and Rs 79.39/ litre in Chennai. Diesel was sold at the rate of Rs 67.93/ litre in Delhi, Rs 70.69/ litre in Kolkata, Rs 72.12/ litre in Mumbai, and Rs 71.74/ litre in Chennai.
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In global markets, oil prices edged lower after strong gains the previous day, easing on persistent supply concerns as Russia increased production in July and Saudi Arabia cut the price of crude for its Asian customers, according to a report by news agency Reuters.
Brent crude futures were down 17 cents, or 0.2 per cent at $73.28 a barrel by 8:02 am or 0232 GMT, after rising 1.5 per cent on Thursday.
US West Texas Intermediate (WTI) crude was off by 2 cents at $68.94, after gaining nearly 2 per cent in the previous session. (With Reuters inputs)
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