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Petrol, diesel price continues to decline on Sunday; know today’s rate

Speed News Desk | Updated on: 9 December 2018, 13:16 IST

Petrol-diesel is constantly getting cheaper due to falling crude oil price internationally. Petrol price in Delhi fell by 15 paise a liter in Delhi, while diesel prices fell by 21 paise. After this cut, petrol went down to Rs 70.55 per liter and diesel at Rs 65.09 per liter in Delhi on Sunday. However, it is believed that the government can increase excise duty on petrol and diesel in the next few days. In such a situation, prices may increase.

On the other hand, petrol in Mumbai is selling at Rs. 76.13 and at Rs. 68.10 per liter.

International prices have been falling steadily in the last few days, so petrol-diesel have been cheaper. Although the situation may change in the next few days, because countries producing crude oil have reduced supplies. In such a situation, prices will start to grow again.

According to the exclusive information received by CNBC Awaz, in the next 2 to 3 days, the government can announce increase in excise duty on petrol and diesel. The government can increase excise duty up to 2 rupees per liter. Let us tell you that in October, the government had cut the excise duty by 1 rupee per liter to reduce petrol-diesel price.

First published: 9 December 2018, 13:16 IST
 
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