Petrol-Diesel price falls by Rs 4 in a month, Know reason for decline

Prices of petrol and diesel have decreased by about 4 rupees in the last one month in various states and cities of the country along with Delhi, Kolkata, Mumbai, and Chennai. For example, the price of petrol in Delhi on Sunday is being sold at a rate of Rs 72.23 per liter with a decrease of 22 paise. Petrol price reached Rs 76.01 per liter on 11 January 2020. In the same city, the price of diesel on Sunday was Rs 65.23 per liter, which reached Rs 69.17 per liter on January 11, 2020, itself.

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Price reduced by Coronavirus Impact The spread of Coronavirus in China has led to a significant reduction in crude oil prices recently. According to the data, in the international market, due to the spread of this virus, crude oil prices in the international market have been reduced by up to 20%. The signing of the first-stage trade deal between China has also impacted oil prices.

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Diesel in Mumbai 21 paise cheaper After the national capital Delhi, Talking about Mumbai, which is called the economic capital of the country. Petrol price in Mumbai has reached a level of Rs 77.89 per liter with a decrease of 22 paise. Diesel is being sold for 21 paise cheaper at Rs 68.36 per liter. Petrol in Kolkata is being sold 21 paise cheaper at Rs 74.92 per liter. To buy diesel in the city, you may have to pay Rs 67.59 per liter. Petrol is being sold at a rate of Rs 75.04 in the southern city of Chennai with a reduction of 23 paise per liter. The price of diesel in the city has been increased to Rs 68.89 per liter.

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Petrol is 17 paise cheaper in Ghaziabad Ghaziabad in Uttar Pradesh, adjacent to Delhi, recorded a fall of 17 paise in petrol prices. One liter petrol is being sold in the city at the rate of Rs 73.98 per liter. In the same city, the price of diesel has been increased to Rs 65.35 per liter. Petrol is available at Noida at the rate of Rs 74.10 per liter. The price of diesel has been increased to Rs 65.49 per liter in the city. Petrol is being sold at Rs 72.30 per liter in Gurgaon, while the price of diesel has been increased to Rs 64.61 per liter.

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