Crude oil prices up nearly 9 percent in a week, will petrol-diesel be cheaper?

Since January 6, the price of crude oil has been increasing continuously in the foreign market. Brent and WTI prices rose about 9 percent.

Petrol diesel price

Image credit source: Getty Images

However, crude oil prices are at their highest since March 2022 in the international market (Crude Oil Price) It should be cheaper than $50 per barrel, but it has increased about 9 percent in the past week. Because of which the price of petrol and diesel (Petrol Diesel Price) The fall that was expected is getting darker.

Incidentally, there was no change in petrol and diesel prices on Saturday. After May 22, petrol-diesel prices are seen to accumulate. Recently Himachal government has increased VAT. After that, the price of diesel increased. Let us know more about the price of crude oil in the international market?

Also read this

Brent crude oil exceeds $85

  1. In the overseas market, Brent crude oil prices rose 1.74 percent.
  2. Due to the boom, Brent crude reached $85.49 per barrel at the end of the week.
  3. Last week, on January 6, Brent crude oil prices closed at $78.57 per barrel.
  4. In the five days since then, Brent crude oil prices have risen by $8 a barrel.
  5. In other words, the price of Brent crude oil increased by 9 percent during this period.

WTI crude reached $80

  1. In the foreign market, American crude oil WTI reached $80.07 per barrel.
  2. In the last trading day of the week, WTI gained 2.14 percent.
  3. Last week on January 6, WTI was at $73.69 per barrel.
  4. This means an increase of $6.38 per barrel since then.
  5. During this period, the price of WTI increased by 8.65 percent.

Petrol and diesel prices in major cities of the country

  1. Delhi: Petrol price: Rs 96.72 per litre, Diesel price: Rs 89.62 per litre.
  2. Mumbai: Petrol price: Rs 106.31 per litre, Diesel price: 94.27 per litre.
  3. Chennai: Petrol price: Rs 102.63 per litre, Diesel price: Rs 94.24 per litre.
  4. Kolkata: Petrol price: Rs 106.03 per litre, Diesel price: Rs 92.76 per litre.
  5. Bengaluru: Petrol: Rs 101.94 per litre, Diesel: Rs 87.89 per litre.
  6. Lucknow: Petrol: Rs 96.57 per litre, Diesel: Rs 89.76 per litre.
  7. Noida: Petrol: Rs 96.79 per litre, Diesel: Rs 89.96 per litre.
  8. Gurugram: Petrol: Rs 97.18 per litre, Diesel: Rs 90.05 per litre.
  9. Chandigarh: Petrol: Rs 96.20 per litre, Diesel: Rs 84.26 per litre.

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