New Delhi: With fears of a new variant Omicron the Corona virus fading away, hopes for recovery in economies are once again strengthening and expectations of rising demand are showing a surge in crude oil prices. Brent crude rose 1.24 per cent to $76.08 a barrel on Monday. On the other hand, crude WTI rose 1.40 per cent to $72.65 a barrel. The costlier crude oil has also reduced the chances of relief in petrol and diesel prices in India.
Petrol prices remained stable across the country today, Monday, December 13, while diesel prices remained unchanged in India. Fuel prices have been stable for nearly a month and a half since the reduction in excise duty on petrol and diesel. The central government announced in early November that it would cut taxes on petrol and diesel, at a time when their prices were setting new records every day. Subsequently, petrol prices in India were cut by Rs 5 per litre, while diesel price was cut by Rs 10 per litre.
Petrol prices in the national capital Delhi are Rs 103.97 per litre and diesel at Rs 86.67 on December 13. In Ghaziabad, Uttar Pradesh, adjoining Delhi, one litre of petrol is selling at Rs 95.29 and one litre of diesel at Rs 86.80. Apart from Ghaziabad, gurugram, which falls in NCR, also has lower petrol and diesel prices than Delhi. Petrol is being sold at Rs 95.90 per litre and diesel at Rs 87.11 per litre in Gurugram.
Railway's earnings increase 49 percent in the current financial year
