Tue. Sep 29th, 2020

Fxtriangle | Market analysis | Managed trading

Fxtriangle will make Fx trading look easy.

Petrol and diesel price remained unchanged

1 min read

Despite protests in many parts of the nation, the prices of petrol and diesel have remained unchanged for almost a week. Rates of fuel have hiked last on June 29th. Petrol hit a 19 month high and in Delhi, diesel touched a new high record. From June 7th to 29th, the price of petrol has surged by Rs. 9.17 per litre and by Rs. 11.14 per litre of diesel.

The prices of petrol and diesel in top cities are-

New Delhi :

Gurgaon     : Petrol Rs. 80.43/ltr

Diesel Rs. 72.81/ltr

Mumbai      : Petrol Rs. 78.65/ltr

Diesel Rs. 72.81/ltr

Chennai      : Petrol Rs. 83.67/ltr

Diesel Rs. 77.70/ltr

Hyderabad : Petrol Rs. 83.48/ltr

Diesel Rs. 78.70/ltr

Bengaluru  : Petrol Rs. 82.04/ltr

Diesel Rs. 76.59/ltr

 

Nearly 70% of fuel prices adjust taxes. The price of diesel is higher than that of petrol, this has happened for the first time in Delhi. the Delhi government Aam Admi Party (AAP), has surged VAT on diesel.

In the international market, the prices of oil showed up a photograph of diversified market today. Oil demands may curb in the US as USA benchmark WTI futures dropped due to a raise in coronavirus cases.

Brent crude oil jumped up 18 cents, that is, 0.4%, to $42.96 a barrel by 0252 GMT after a 4.3%  gain previous week. US West Texas Intermediate crude was at $40.42, down 23 cents, that is, 0.6%.

 

Leave a Reply

Forex trading and any instruments related to Foreign Exchange Market are Speculative and carry substantial risk of loss of either partial equity or the entire deposit amount. Leverage adds up to the risk, before considering to invest in this venture, you should first consider your financial position and may seek the help of an independent financial advisor. FXtriangle dis-recommends the usage of loan instruments to trade in this market as it can hamper financial position. Please do not invest the money that you cannot afford to lose. FXtriangle provides all its services throughout the Globe Excluding (Nigeria, British Virgin Island & the Islamic Republic of Iran) and also provides limited service in some jurisdictions where investment in Overseas markets / Fx Exchanges are prohibited by Law If you are not sure to contact us before using any of our services. FXtriangle acts as an Independent Corporate Financial Advisor and connects you to various overseas exchanges and cannot be held liable for any financial damage occurring through their side. All of our partnered institutions are regulated in various jurisdictions.FXtriangle conducts an independent background check before partnering with any institutions to fulfill your investment objectives smoothly. The usage of our Business name, Logo or any trademark in any financial forum, website, review website, complaint arena, Billboards without our written permission will attract lawsuits.