Oil Dilemma
India’s growing fuel demand and its call for increased oil output from OPEC+ reflect the country’s evolving energy needs.
The petrol and diesel prices remained unchanged for the second day on Thursday following the ease in the price of crude oil prices after a rise in the past week.
As per the Indian oil website, the petrol rates in Delhi, Kolkata, Mumbai and Chennai were Rs 74.20/litre, Rs 76.89/litre, Rs 79.86/litre and Rs 77.13/litre respectively. The diesel prices were Rs 65.84/litre, Rs 68.25/litre, 69.06/litre and 69.59/litre respectively.
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The Brent crude futures fell 0.45 per cent to $62.17 a barrel. The international benchmark rose 2.53 per cent to $62.45 a barrel.
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West Texas Intermediate (WTI) crude futures dropped by 0.30 per cent to $56.05 per barrel.
(With input from agencies)
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