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Diesel price falls again after 2-day pause, no relief on petrol
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SME Times News Bureau | 25 Sep, 2020
Diesel price continued to decline on Friday after a two-day pause as the
product prices fell globally while crude prices remained steady.
Oil marketing companies, however, kept petrol prices unchanged for the third consecutive day.
In
the national capital, diesel price fell by 18 paisa per litre to Rs
71.10 a litre down from Rs 71.28 per litre on Thursday. The petrol price
remained static at Rs 81.06 a litre.
In the other metros of Mumbai, Chennai and Kolkata, diesel price fell between 17-20 paisa per litre.
The
price fall is on the back of expectation of a slowing demand for oil
globally as a second wave of coronavirus spike threatens further to
derail the economic activity.
Though crude prices revived
slightly on Friday after falling continuously for the last few days, it
is expected to remain soft on demand expectations.
For domestic
auto fuel consumers, the price fall has been a bonanza amid the current
tough economic conditions. With the price cut on Friday, diesel has now
become cheaper by Rs 2.46 per litre in Delhi this month.
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Customs Exchange Rates |
Currency |
Import |
Export |
US Dollar
|
66.20
|
64.50 |
UK Pound
|
87.50
|
84.65 |
Euro
|
78.25
|
75.65 |
Japanese
Yen |
58.85 |
56.85 |
As on 13 Aug, 2022 |
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