Petrol, diesel prices continue to spiral - News Summed Up

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Petrol, diesel prices continue to spiral


Petrol and diesel prices rose to fresh levels in Delhi and other cities in the country on Thursday.Petrol prices in the national capital were at Rs 72.49 per litre -- the highest in over three years, data from the Indian Oil Corp showed. The trend continued on Thursday.In Delhi, diesel was sold at Rs 63.53 per litre. In Kolkata, Mumbai and Chennai, the fuel was priced at Rs 66.20, Rs 67.65 and Rs 67.00 per litre respectively.Global and domestic factors have spiked the fuel prices. Production curbs by the Organisation of the Petroleum Exporting Countries and high demand have led to the surge. On Thursday, price of the Brent crude oil crossed the $70 (a barrel) mark and stood at $71.03.


Source: Economic Times January 25, 2018 07:41 UTC



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