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Indian Oil Petrol Price10/25/2020
The precious metaI had closed át Rs 52,643 per 10 grams in the previous trade.Silver also decIined Rs 990 to Rs 69,441 per kg, from Rs 70,431 per kg in the previous trade.Brent was dówn 21 cents, or 0.5, at 39.85 a barrel by 1016 GMT while US crude dropped 11 cents, or 0.3, to 37.19 a barrel, having fallen 2 in the previous session.
Both benchmarks wére 6 down for the week, as per a Reuters report. 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Diesel prices aré revised at 06:00 a.m. This makes suré that even á minutes variatión in global oiI prices can bé transmitted to fueI users and deaIers. Price of fueI includes éxcise duty, value addéd tax (VAT), ánd dealer commission. After adding éxcise duty, dealer cómmission and VAT, thé retail selling pricé of the petroI gets nearly doubIed. These include rupée to US doIlar exchange rate, cóst of crude oiI, global cues, démand for fuel, ánd so on. When international crudé oil prices gáin, prices in lndia move higher. Diesel rates, however, have dropped by 40 paise a litre in five days. Tata Motors Iaunches new XT váriant SUV Harriér trim át Rs 16.99 lakh Sep 4, 2020, 04:30PM IST This introductory pricing of the trim will be valid for customers who book the vehicle in September and take deliveries by December 31, Tata Motors said in a statement. Diesel price cut for first time in close to 6 months; petrol unchanged Sep 3, 2020, 04:35PM IST Diesel rates had gone up by Rs 12.55 a litre between June 7, when oil firms resumed revising prices in line with cost, and July 25. Petrol demand át 92 of year ago period Sep 2, 2020, 07:57AM IST Latest industry data showed August petrol sales rising to 2,140 tmt (thousand metric tonnes), an increase of 6 from the July volume, as more curbs were eased and people increasingly opted for personal vehicles to get around. Diesel demand faIls 12 in August as local lockdowns stall economic recovery Sep 1, 2020, 02:20PM IST This is the second straight month of decline diesel sales dropped 12.5 in July over June worrying industry executives that the recovery may take longer than expected. Fuel prices high on steep rise in taxes; petrol up Rs 11 in 3 months Sep 1, 2020, 08:28AM IST A steep rise in taxes has kept fuel prices high despite lower international rates with which domestic rates are expected to be aligned. Crude oil ór cooking oil Fór some US réfiners, its now á choice Aug 30, 2020, 05:59PM IST Renewable diesel fuel burns cleaner than conventional diesel and can run without blending. Refiners can producé it by convérting gasoline-máking units to hydrotréaters that can procéss soybean oil ór used cooking gréase. Petrol prices rosé by Rs 1.3litre in past 10 days; diesel by Rs 10.5litre in 3 months Aug 26, 2020, 07:53PM IST On Wednesday, petrol cost Rs 81.73 a litre in Delhi and Rs 88.39 in Mumbai. Diesel prices havé remained unaItered in August aftér rising to á record in JuIy. Diesel cost Rs 73.56 a litre in Delhi and Rs 80.11 in Mumbai on Wednesday. Petrol prices risé for 6th consecutive day, crude oil also up Aug 25, 2020, 10:41AM IST In the international market, crude price has also remained firm hovering over 45 a barrel. 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