During this time, petrol price touched to Rs 84 in the national capital after which Central government lowered the rates by Rs 2.5. At the same time, crude oil prices had hit a four-year high of $75 a barrel. Till Tuesday, US WTI crude futures ended at $53.43 per barrel. At its lowest since December 2017, Brent crude oil futures were trading at around $63 a barrel in the morning today, reported news agency Reuters.
Here’s how to check fuel prices in your city:
Now customers can easily get the updated indicative petrol and diesel prices in any city across the country. One can log into the IOCL app on mobile to get the details or can also send an SMS with text - “RSP Dealer Code of Petrol Pump” – and send it to 92249 92249.
In November, petrol prices have come down by nearly Rs 3 per litre while diesel has become cheaper by nearly Rs 2 per litre. As per industry experts, if the crude remains at these levels, then petrol and diesel prices will be reduced further in the days to come.