New Delhi: Petrol and Diesel prices were hiked in four metro cities applicable from 6:00 a.m. on 30th July 2018.
Petrol prices were hiked by 9 paise in all the metro cities of Delhi, Kolkata, Mumbai, and Chennai. Diesel prices were hiked by 13 paise in Delhi and 14 paise in Kolkata, Mumbai and Chennai.
Last month, members of the Organisation of the Petroleum Exporting Countries (OPEC), agreed to jointly increase oil production, which was estimated to be about one million barrels a day. The deal, which came after a week of tense negotiation, was reportedly aimed at easing fears of a global supply crunch.
Oil prices were mixed on Monday with US benchmark WTI nudging higher after four weeks of declines, while Brent began the week lower as the fallout from trade tensions weighed on markets. US West Texas Intermediate (WTI) crude futures were up 15 cents, or 0.2 percent, at $68.84 a barrel by 0309 GMT. WTI fell 1.3 percent on Friday. Brent crude futures fell 5 cents to $74.24 a barrel, after notching up a 1.7 percent weekly increase last week, the first gain in four weeks, according to a report by news agency Reuters.
Prices of non-branded petrol in metro-cities
| Cities | (Rs/litre) |
| New Delhi | 76.25 |
| Kolkata | 79.14 |
| Mumbai | 83.70 |
| Chennai | 79.20 |
Prices of non-branded diesel in metro-cities
| Cities | (Rs/litre) |
| New Delhi | 67.75 |
| Kolkata | 70.51 |
| Mumbai | 71.93 |
| Chennai | 71.55 |
(Source: Indian Oil) Prices may vary from outlet to outlet within a city
