By Srinivas Chowdary Sunkara // petrobaaar // 02-01-18
PETROL AND DIESEL DAILY PRICE REVISION
PETROL AND DIESEL PRICE REVISION ANALYSIS
Petrol prices are remained unchanged while Diesel prices are increased by 6-8 paise per ltr with 0.1 percentage change as on today from yesterday's price.
Crude oil prices in the global markets recorded strongest openings since 2014 on Tuesday reached mid 2015 highs on social unrest in Iran and production cut promises of producers. The Rupee also started with new beginning positively against green back as the Euro climbed four months high against $ due to optimism over brightening economic picture in the euro zone.
PETROL AND DIESEL PRICE TREND
Petrol prices are unchanged despite of little increase in C&F price of crude for petrol. Diesel prices are increased due to hike in C&F price of crude for Diesel. Both the motor fuel oil prices are indicated to go up slightly as per fundamental analysis. Petrol and Diesel price changes are subjected to supply, demand and government policy.
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