Brakes on diesel prices continued to rise for 2 days, no change in petrol rate

The increase in diesel prices for two consecutive days has once again caused a break. Oil companies did not change the price of diesel and petrol on Tuesday. The price of petrol remained stable for the 15th consecutive day. On the other hand, the international oil market continues to soften for the third consecutive season.

According to the website of IndianOil, the price of diesel in Delhi, Kolkata, Mumbai and Chennai remained at Rs 81.05, Rs 76.17, Rs 79.27 and Rs 78.11 per liter respectively. Petrol price also remained unchanged in the four metros at Rs 80.43, Rs 82.10, Rs 87.19 and Rs 83.63 per liter respectively. Diesel is getting 62 paise per liter higher than petrol in the National Capital Region.

The September futures contract of benchmark crude oil Brent crude on the International Futures Market Intercontinental Exchange (ICE) was trading at $ 42.12 a barrel, down 1.40 percent from the previous session on Tuesday.

On the New York Merke Tile Exchange (Nymax), US light crude was trading at $ 39.45 a barrel, down 1.62 percent from the previous session in the West Texas Intermediate (WTI) August futures contract.