Petrol Diesel Price June 13: Rates remain steady on Sunday in four metros; as crude hits multi-year high this week, expect this now

In a relief to consumers, the Oil Marketing Companies (OMCs) did not increase the price of Petrol and Diesel on Sunday. The prices were last increased on Saturday, which was a consecutive two-day rise. The prices have been hiked by 27 paise per litre and 24 paise per litre for petrol and diesel respectively in the four metro cities, showed Indian Oil Corporation Limited (IOCL) data.

If you are planning to fill your tank and want to know the current prices before stepping out of your homes, you can do it easily by doing this. You can check Petrol and Diesel price by sending SMS to 92249 92249. SMS "RSP <space>Dealer Code of Petrol Pump”. You can find the dealer code from IOCL website.   

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DELHI – On Sunday, Petrol price was at Rs 96.12 while Diesel Price was at Rs 86.98.  

MUMBAI - Petrol price was at Rs 102.30 while the Diesel Price was at Rs 94.39.  

KOLKATA - Petrol price was at Rs 96.06 while the Diesel Price was at Rs 89.83. 

CHENNAI – Petrol price was at Rs 97.43 while the Diesel Price was at Rs 91.64.  

New Delhi – SMS Text - RSP 102072  

Mumbai – SMS Text - RSP 108412    

Faridabad – SMS Text – RSP 102287    

Noida – SMS Text – RSP 155444    

Kolkata – SMS Text – RSP 119941    

Chennai – SMS Text – RSP 133593    

Ghaziabad - SMS Text – RSP 154410    

Gurgaon - SMS Text – RSP 102082    

Petrol, Diesel Price – The crude oil prices have been on the rise in recent times. Oil prices reached fresh multi-year highs on Friday, closing out a third straight week of gains on an improved outlook for worldwide demand as rising COVID-19 vaccination rates help lift pandemic curbs, Reuters reported.

Brent crude futures settled at USD 72.69 a barrel, rising 17 cents after reaching their highest since May 2019. For the week, Brent was up 1 per cent.

US West Texas Intermediate (WTI) crude futures settled at USD 70.91 a barrel, up 62 cents, settling at their highest since October 2018. WTI was up 1.9 per cent on the week.

The outlook for crude oil remains positive globally and is expected to take a rise, Expert Anuj Gupta, Vice President (VP), Commodity and Currency Research at IIFL Securities opines. He had told that the prices would increase in the near term that may have an impact of petrol and diesel.

While the near term targets given by Gupta for Brent Crude and WTI have almost been achieved, there is a further upside because of Global demand picking up now.