Petrol prices today, April 5, 2021: Petrol, diesel prices stabilized for the sixth day in a row, crude oil flexible trend

Petrol prices today, April 5, 2021: Petrol, diesel prices stabilized for the sixth day in a row, crude oil flexible trend
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Petrol prices today, 5 April 2021: Petrol, diesel prices stabilized for the sixth day in a row. Oil prices have stabilized due to the softening of crude oil.

Petrol price on April 5, 2021: Petrol and diesel prices (Petrol-diesel prices today) On Monday, the stability lasted for the sixth day in a row. On the other hand, on the issue of increasing oil production, OPEC and allied countries i.e. OPEC Plus (OPEC +) After the agreement in the international market (World market) Crude oil prices (Crude oil prices) I saw that it has become soft. The price of benchmark crude oil Brent crude remains below 65 per barrel. Oil marketing companies (OMCs) may reduce petrol and diesel prices in the coming days as a result of easing the crude oil price crisis, which will bring relief to the country’s consumers. India is mainly dependent on imports for its oil needs. Read more – Petrol prices today, March 21, 2021: Petrol, diesel prices stabilize today, crude oil trade intensifies

According to the Indian Oil (IOC) website, petrol prices in Delhi, Kolkata, Mumbai and Chennai remained unchanged at Rs 90.56, Rs 90.77, Rs 96.98 and Rs 92.58 respectively. Diesel prices in Delhi, Kolkata, Mumbai and Chennai are Rs 80.7 80, Rs 73, Rs 8.9.9 and Rs 75.7 respectively. Read more – Today 30 March 2021 Crude oil prices: Crude oil prices fall, supply increases due to key barriers to the Suez Canal

On Tuesday, oil marketing companies kept the price at 22 paise per kg in Delhi, 21 paise per liter in Kolkata and Mumbai and 19 paise per liter in Chennai. At the same time, diesel was priced at 23 paise in Delhi and Kolkata, 24 paise in Mumbai and 22 paise in Chennai. Read more – Petrol prices today, March 30, 2021: Consumer relief after four days, reduction in petrol and diesel prices; Boom of crude oil

Brent crude for June delivery traded down 0.65 percent at 4 44.44 on Monday, down 0.65 percent from the previous session on the Intercontinental Exchange (ICE). At the same time, the New York Mercantile Exchange (NIMEX) WTI’s May contract traded down 0.09 percent at $ 1.09 a barrel from the previous session.

The Organization of Petroleum Exporting Countries, a group of oil-supplying countries, OPEC and Russia and its allies OPEC Plus agreed last week that they would increase oil production in May and June next month.

(IANS)

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