Petrol-Diesel Prices Today: Have fuel become cheaper? Check latest rates in Delhi, Bengaluru, Mumbai, Chennai and Kolkata

Petrol-Diesel Prices Today: In recent days, there has been significant fluctuation in crude oil prices. On Friday, the prices rose by Rs 63, reaching Rs 6,550 per barrel. Globally, crude oil prices are currently ranging between $77 and $81 per barrel. In the midst of these fluctuations, oil companies have released the latest petrol and diesel prices for August 17, 2024. Here’s an update on the current fuel prices in major cities across the country.

Current Crude Oil Prices in the Futures Market

On Friday, crude oil prices increased by Rs 63 to Rs 6,550 per barrel in the futures market as traders expanded their positions due to strong demand. The August delivery contract for crude oil on the Multi Commodity Exchange rose by Rs 63, or 0.97 per cent, to Rs 6,550 per barrel, with 5,933 lots traded.

Market analysts attribute the rise in crude oil futures prices to traders increasing their positions. Globally, West Texas Intermediate crude oil rose by 0.49 per cent to $77.78 per barrel, while Brent crude was trading 0.33 per cent higher at $80.77 per barrel.

Check Petrol and Diesel Prices in Metro Cities

Oil Marketing Companies Release Prices

The country’s oil marketing companies (OMCs) regularly release petrol and diesel prices. Companies like Hindustan Petroleum Corporation and Indian Oil Corporation update these prices on their websites. You can easily check the latest prices from the comfort of your home.

How to Check Petrol and Diesel Prices at Home

To find out the current petrol and diesel prices in your city, visit the OMC websites or use SMS services. Indian Oil customers can send an SMS with the text “RSP” followed by the city code to 9224992249. BPCL customers can send the same SMS to 9223112222.