KXIP vs KKR Live Score

Let's look at fuel prices in these countries, and the USA and the UK.

The price differential between petrol and diesel in Mumbai has also reduced to one of the lowest of the year - at Rs 11.02 per litre, which means petrol cars seem to have as good an operational benefit as their diesel siblings. The prices of both petrol and diesel were raised by the Oil Marketing Companies (OMCs).

Crude oil has gained $7 a barrel in a fortnight, driven by fears that the USA sanctions on Iran will likely contract supplies although the price rise has still been limited due to the hope the increased production by Saudi Arabia, Russia and the United States will make up for much of the shortfall. Pakistan is facing the biggest battle of bringing the country's crumbling economy back on its track, but rising fuel prices may play spoilsport.

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In Mumbai and Chennai, however, diesel prices went up by 42 paise a litre on Monday, with the fuel priced at Rs 75.54 in Mumbai, and Rs 75.19 in Chennai. The country recently introduced the monthly pricing formula to compensate the prices as per the global crude oil price variation. In Delhi and Kolkata, diesel prices have gone up by 39 paise.

The rupee was trading at Rs 70.83 against the United States dollar in opening trade on Monday.

Petrol price in Delhi rose to a record Rs 79.15 a litre and diesel climbed to a fresh high of Rs 71.15, according to price notification of state-owned fuel retailers. In Chennai, petrol costs Rs 82.24 while it is Rs 82.06 in Kolkata. China imported around 56 per cent of crude oil from OPEC in 2017 alone. "The situation in Iran has also made situation tensed and they are also a factor for the hike in fuel prices", he said. In Kolkata too, petrol was expensive by 30 paise, at Rs 74 a litre.


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