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Tuesday, 5 June 2018

Petrol price for today 5 june 2018, Free CRUDE Price Daily | Live Commodity Tips


Petrol price for today 5 june 2018, Free CRUDE Price Daily 


Due to the fall in crude prices in the international market, prices of petrol and diesel have come down for the seventh consecutive day in the country. On Tuesday, June 5, 2018, the price of petrol was 13 paise and the price of diesel was 9 paise lower than the previous day. According to the updated price list on Indian Oil's website, petrol prices in Delhi are 13 paise and diesel prices have declined by 0.9 paise. In the last 7 days, petrol in Delhi has been reduced by 60 paise and diesel has been cheaper by 43 paise per liter. 

Live Commodity Tips
Live Commodity Tips
Crude is getting the advantage of being cheap
Market experts say that the decline in crude prices in the international market has started to gain in India, although it has been marginally so far. If on Oct 22 the OPEC countries decide not to cut further, then the fall in crude may increase. It can come up to $ 60 a barrel. OPEC countries and Russia have also given such an indication. It can be benefited by the Indian customers, but for this, the state governments will have to take measures for relief.

  New petrol prices in 4 metropolitan cities
city
New Price (June 5th  Rate  ) 
Old Price (June 4th Rate) 
Delhi
77.83
77.96
Kolkata
80.47
80.60 
Mumbai
85.65
85.77
Chennai
80.80
80.94 

 Read Also:- Free Intraday Tips  for today

New prices of diesel in 4 metros of the country  
city
New Price  (June 5th  Rate) 
Old Price (June 4th Rate) 
Delhi
68.88
68.97
Kolkata
71.43
71.52 
Mumbai
73.33
73.43 
Chennai
72.72 
72.82 
(Price: petrol-diesel in  rupees per liter.)

Source: IOCL
Advantages of Increase in Crude Production
The rise in crude production in the US and the rise in production by OPEC countries indicate prices are declining. In this order, the price of Indian crude oil basket dropped 71 cents to $ 75.02 a barrel.

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1 comment:

  1. Thanks for sharing such a useful and informative post like this. Keep updating more updates like this.
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