Petrol, Diesel Price Today 19-02-2020: Fuel prices rise on Friday too; Know the latest price in 4 metros!

Petrol, Diesel Price Today: Want to know the petrol and diesel prices? Whether they have increased or decreased and by how much? Are you worried about the fluctuations in fuel prices and want to buy when the prices are down? You can do it whenever you are planning to step out to refill your tank. Get prices of petrol and diesel on a day-to-day basis here.  

The petrol and diesel prices on Wednesday were hiked for the 11th straight day. Daily price changes for Petrol and Diesel are effected at 6 am every day.     

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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.   

Petrol, Diesel Prices Today – Check price in Delhi, Mumbai, Kolkata and Chennai    

DELHI – On Friday, Petrol price was up at 90.19 from Rs 89.88 on Thursday while the Diesel Price was up at Rs 80.60 from Rs 80.27.    

MUMBAI - Petrol price was up at 96.62 from Rs 96.32 on Thursday while the Diesel Price was up at Rs 87.67 from Rs 87.32.   

KOLKATA - Petrol price was up at 91.41 from Rs 90.11 on Thursday while the Diesel Price was up at Rs 84.19 from Rs 83.86.   

CHENNAI - Petrol price was up at 92.25 from Rs 91.98 on Thursday while the Diesel Price was up at Rs 85.63 from Rs 84.31.   

Petrol, Diesel Price – There is unlikely to be any respite to the common man as crude oil prices are only rising by the day. Anuj Gupta, Senior Technical Analyst at Angel Broking and Commodity and Forex market expert said that the upwards trend will only continue in the near to medium term and the spike may create inflationary pressure on prices of various goods. 

The price has gone up by Rs 3.26 per litre for petrol in the last 11 days, while diesel rates have increased by Rs 3.81 per litre in the national capital region.     

Who is benefitting from Crude oil price increase?  

Gupta said that he was bullish on crude oil as the prices are likely to see an upward trend in the near term. The February oil futures were trading at Rs 4323 per BBL at 10:11 am, down by Rs 87 or almost 2 per cent from the Thursday closing price.