The Iran-Israel tension is at its height; will gas and diesel prices alter today?
The Iran-Israel war situation has affected the world, with the biggest impact on crude oil prices. Crude oil prices have been rising for two consecutive days. Crude oil prices are increasing in the global market today on Thursday. Crude oil prices rose by 5 percent on Tuesday and 1.5-2 percent on Wednesday, i.e., yesterday. Even today, this trend of increasing prices is maintained. Since one-third of the world’s oil (Petrol Diesel Price) is supplied from Iran, the effect of this war may decrease the production and supply of oil (Petrol Rate Today).
What is the price of crude oil today?
If we look at crude oil prices in the global market today, it will be seen that the price of Brent crude oil rose by 1.01 percent from the standard benchmark today, at $74.65 a barrel. In addition, the price of West Texas Intermediate crude oil also increased by 1.14 percent to 70.90 dollars per barrel today. As a result, it is understood that the price of this oil can be close to 75 dollars. The price of petrol and diesel in the country may also be affected.
What will be the impact in India?
Stock markets in India were closed on Wednesday due to Gandhi Jayanti. Today the market is open again. And in the meantime, the market collapsed due to the impact of the Iran-Israel war. The index broke when the market opened in the morning. Similarly, the stock prices of the country’s government oil marketing companies also changed today. To see what the impact is on the shares of Indian Oil Corporation, Bharat Petroleum, or Hindustan Petroleum Corporation Limited.
What is the price of petrol and diesel in Indian cities today?
Looking at today’s petrol and diesel prices, it can be seen that there has been no change in prices in four major cities of the country. Petrol price in capital Delhi today is Rs 94.72 per liter; diesel price is Rs 87.62 per liter. Petrol price in Mumbai is Rs 103.44 per liter; diesel price is Rs 89.97 per liter. Petrol price in Kolkata is Rs 104.95, diesel price is Rs 91.76. There is no change in Chennai today; the price of petrol here is Rs 100.75 per liter, and the price of diesel is Rs 92.34 per liter. No such impact on petrol and diesel prices is yet to be seen.