By Srinivas Chowdary Sunkara // petrobazaar // 17th August, 2018.
Petrol prices remained unchanged today while diesel prices are moved up by 8-9 paise per ltr across all major metro cities in India. In Delhi, Petrol is sold at Rs.77.2 per ltr and Diesel is priced at Rs.68.86, edged up by 0.12 pct from yesterday.
The moving average C&F price of crude for petrol is arrived at $82.56 and $88.09 for diesel. The currency was averaged at Rs.68.68/$ as per the latest publication. The rupee worsened to close at Rs.70.15/$ yesterday. Surging oil prices widening the trade deficit amid unsupported global factors weighed on local currency. weakening currency amid estimated increase in oil prices are going to be one of the key drivers during upcoming elections.
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