Crude Prices Updates: Crude prices are continuously increasing in the international market. The effect of this is being seen at the domestic level also on the price of petrol and diesel. The price of petrol and diesel in the country is being sold in its record different cities, normal petrol is Rs 98 per liter and extra premium petrol is Rs 100 per liter. Expert says that for the next one month, there are many reasons, due to which the price of crude can increase further. Crude may reach $ 65 a barrel further. In such a situation, there is little hope of getting relief in the price of petrol and diesel.
Crude cross $ 61
Brent crude has crossed $ 61 a barrel in trading on 9 February. WTI crude is also at $ 58 per barrel. Its price is expected to increase further. Anuj Gupta, deputy vice president research, commodity and currency, Angel Broking, says vaccination programs have started in many countries to prevent COVID 19. These are good signs for the global economy. This will increase demand for crude. Demand from the aviation industry is also increasing now. Tourism industry is also opening now. Demand for all these crude will increase further. Crude can go up to $ 65 per barrel in the coming 1 to one and a half months. WTI crude can also be expensive up to $ 60.
Let us know that crude has become 18 percent costlier since January 1. At the same time, on an annual basis, it has increased by 10 percent in a year.
Petrol and diesel will be more expensive!
Prices of petrol and diesel are continuously increasing in the country. In the last one year, the price of petrol has increased by more than Rs 15 per liter. On February 9, the oil companies have increased the prices of petrol and diesel by 37 paise per liter. Experts say that according to the way crude outlook is there, we can say that there is no hope of getting relief in oil prices. The government can give relief on this only by reducing the duty, which is still expected.
Petrol in Delhi has become expensive by 35 paise to Rs 87.30 per liter, while diesel has also increased to 77.48 per liter.
Petrol in Mumbai has increased by 34 paise to Rs 93.83 per liter and the price of diesel has increased by 37 paise to Rs 84.36 per liter.
In Kolkata, the price of petrol has increased by 33 paise to Rs 88.63 per liter and the price of diesel has increased by 35 paise to Rs 81.06 per liter.
In Chennai, the price of petrol increased by 31 paise to Rs 89.70 per liter and the price of diesel rose by 33 paise to Rs 82.66 per liter.