New Delhi. Despite the softening of crude oil prices in the international market, oil is becoming costlier in the domestic market. Public sector oil marketing companies have increased the prices of petrol and diesel by up to 35 paise per liter for the second day in a row. With this increase, petrol in the capital Delhi has reached Rs 108.29 per liter and diesel at Rs 97.02 per liter.
According to the website of Indian Oil, the price of petrol has increased to Rs 114.14, Rs 105.13 and Rs 108.78 per liter respectively in other metros of the country, Mumbai, Chennai and Kolkata. At the same time, the price of diesel has jumped to Rs 105.12, Rs 101.25 and Rs 100.14 per liter respectively. It is worth noting that within the last one month, petrol has become costlier by Rs 7.10 per liter, while diesel has also become costlier by Rs 8.40 per litre.
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It is noteworthy that the price of crude oil in the international market had reached the highest level since 2014. However, on Wednesday, there was a slight decline in it. The price of Brent crude fell to $ 84.36 per barrel. At the same time, the price of WTI crude also came down to $ 82.59 per barrel. Meanwhile, according to a report by Goldman Sachs, the price of Brent crude may go up to $110 a barrel next year.
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