Commodities

Petrol, Diesel Rates Today: Currently, oil marketing companies such as state-run Indian Oil review the domestic rates of petrol and diesel on a daily basis and implement any changes at fuel stations with effect from 6 am.

The government feels that lower price of fuel under CGD projects would allow bigger ashift of people to cleaner fuel.

Petrol, Diesel Rate Today: Currently, oil marketing companies such as state-run Indian Oil review the domestic rates of petrol and diesel on a daily basis and implement any changes at fuel stations with effect from 6 am.

US liquids output will reach 20.21 million bpd in the fourth quarter of 2020 - almost meeting US demand of 21.34 million bpd, OPEC said.

Petrol, Diesel Prices In Metros: In Delhi, the price of petrol stood at Rs 75.70 per litre and diesel at Rs 69.06 per litre on January 15 - the same levels as the previous day, according to Indian Oil Corporation (IOC). In Mumbai, the prices of petrol and diesel remained at Rs 81.29 per litre and Rs 72.42 per litre respectively.

Currently, oil marketing companies such as state-run Indian Oil review the domestic rates of petrol and diesel on a daily basis and implement any changes at fuel stations with effect from 6 am.

Currently, oil marketing companies such as state-run Indian Oil review the domestic rates of petrol and diesel on a daily basis and implement any changes at fuel stations with effect from 6 am.

Currently, oil marketing companies review the domestic petrol and diesel rates on a daily basis and implement any changes at fuel stations with effect from 6 am.

Prices had soared in response to the killing of an Iranian general in an American air strike last week and Iran's retaliatory attack on US forces in Iraq on Wednesday.

Currently, petrol and diesel prices in India are reviewed by oil marketing companies on a daily basis and any changes - to bring the prices at par with international crude oil and forex rates - are implemented at fuel stations at 6 am.

Iran's missile attack on US-led forces in Iraq came early on Wednesday, hours after the funeral of Qassem Soleimani, the commander of the country's elite Quds Force killed in a US drone stroke on January 3.

Prices surged during the previous two sessions, with Brent reaching its highest since September while WTI rose to its strongest since April.

Spot gold fell 0.4 per cent - its biggest daily percentage decline in about a month - to $1,559.11 per ounce.

U.S. West Texas Intermediate crude was at $63.77 a barrel, up 72 cents, or 1.14%, after touching $64.72, the highest since April.

Local gold futures hit an all-time high of Rs 41,096 per 10 grams, taking their gains to more than 5 per cent in 2020 after rallying nearly 25 per cent in 2019.