NEW DELHI : As crude oil rates continue to slide in global markets, petrol and diesel prices fell once again today by 5 paise and 6 paise, respectively. During the same period, crude oil rates have, however, fallen by 17%. In Bengaluru, a litre of petrol is charged at ₹76 a litre and diesel ₹68.97 per litre. Amid fears of a global economic slowdown, crude oil has slumped about 17% since just after the mid-September attacks on Saudi Arabia. Besides crude oil, petrol and diesel prices are also dependent on the exchange rate of rupee as about 80% of crude oil requirements are imported.
Source: Mint October 10, 2019 06:56 UTC