New Delhi. The effect of increase in the price of crude oil in the international market is also being seen in the domestic market. Oil marketing companies have increased the prices of petrol and diesel by 27 paise and diesel by 23 paise per liter respectively for the second consecutive day. With this, the price of petrol in the capital Delhi and Kolkata crossed Rs 96 per liter on Saturday.
According to the website of Indian Oil, the price of petrol has increased to Rs 96.12, Rs 102.30, Rs 97.43 and Rs 96.06 per liter in the four metros of the country, respectively, Delhi, Mumbai, Chennai and Kolkata. At the same time, diesel is also being sold in these metros for Rs 86.98, Rs 94.39, Rs 91.64 and Rs 89.83 per liter respectively. It is worth noting that since May 4, the prices of petrol and diesel have increased continuously and sometimes intermittently. Petrol has become costlier by Rs 5.80 per liter and diesel by Rs 6.20 per liter in the last 24 days.
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It is noteworthy that due to the increase in the demand of crude oil in the international market, its price has jumped. Brent crude was up by $ 0.38 a barrel to $ 72.69 a barrel at the close of trading a day earlier in the US market. WTI crude also edged higher by $0.83 to end at $70.91 a barrel.
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