Crude oil became cheaper again, oil companies released fresh prices
There has been a lot of fluctuation in crude oil prices for the last few months. If we talk about the last one week, there has been a decline of about $ 1 per barrel in the price of crude oil. Currently, the price of crude oil is close to $ 68 per barrel. Meanwhile, the latest prices of petrol and diesel have been released by the oil companies for today i.e. 7 December 2024. Let us know how much the prices of petrol and diesel (Petrol-Diesel Price Today) have become in the metros and some selected cities of the country.
What is the price of crude oil in the futures market?
Crude oil prices fell by Rs 19 to Rs 5,786 per barrel in futures trading on Friday as traders cut their deals following weak spot demand. The contract for crude oil to be delivered in December on the Multi Commodity Exchange fell by Rs 19 or 0.33 per cent to Rs 5,786 per barrel. It was traded for 10,115 lots. Globally, West Texas Intermediate crude oil fell by 0.22 percent to $ 68.15 per barrel, while Brent crude was trading at $ 71.90 per barrel, showing a decline of 0.26 percent.
Know the price of petrol and diesel in metro cities
| City | Petrol | Diesel |
| Delhi | 94.72 | 87.62 |
| Mumbai | 103.44 | 89.97 |
| Kolkata | 103.94 | 90.76 |
| Chennai | 100.85 | 92.44 |
| Bengaluru | 102.86 | 88.94 |
| Lucknow | 94.65 | 87.76 |
| Noida | 94.87 | 88.01 |
| Gurugram | 95.19 | 88.05 |
| Chandigarh | 94.24 | 82.40 |
| Patna | 105.18 | 92.04 |
OMCs release the prices
On March 15, the Government of India had made a big cut in the prices of petrol and diesel. Under this, the prices of both were reduced by Rs 2 per liter. This cut was made by the central government keeping in mind the Lok Sabha elections. Now the elections are over and it will be interesting to see how long the prices of petrol and diesel remain low.
OMCs release the prices
Let us tell you that the oil marketing companies of the country release the prices of petrol and diesel. However, the prices of petrol and diesel have not been changed since 22 May 2022. Companies like Hindustan Petroleum Corporation, Indian Oil Corporation of India release the prices of petrol and diesel on their website. You can check the price of oil even while sitting at home.
