Petrol, Diesel Price Today 12 November 2024: Oil prices continue to be mostly stable in the early trading on Tuesday as investors are anticipating insights from OPEC’s upcoming monthly report. As per the latest Reuters report, recent fluctuations in the market have been because of China’s measures and worries regarding oversupply which has led to softened demand expectations earlier. Meanwhile, Brent crude futures declined by 1 cent to $71.82 per barrel whereas US West Texas Intermediate crude went up by 3 cents and was at $68.07 per barrel.
Market participants are awaiting OPEC’s report which is expected to be released on Tuesday, for any updates related to the group’s demand projections through 2025. Any further downward adjustments in OPEC’s demand outlook are likely to bring additional pressure on the oil prices.
According to Rahul Kalantri, of VP Commodities, Mehta Equities Ltd. ”We anticipate crude oil prices to remain volatile during today’s session. The support levels for crude oil are at $67.45–66.80, with resistance at $68.80–69.40. In INR terms, crude oil has support at Rs 5,700–5,660 and resistance at Rs 5,830–5,890.”
Check latest Petrol and Diesel prices at your place on 12 November 2024
Hyderabad: Petrol price: Rs 107.46 per litre, Diesel price: Rs 95.70 per litre
Dehradun: Petrol price: Rs 93.50 per litre, Diesel price: Rs 88.43 per litre
Bhopal: Petrol price: Rs 106.52 per litre, Diesel price: Rs 91.89 per litre
Jaipur: Petrol price: Rs 104.72 per litre, Diesel price: Rs 90.21 per litre
Indore: Petrol price: Rs 106.55 per litre, Diesel price: Rs 91.94 per litre
Chennai: Petrol price: Rs 100.80 per litre, Diesel price: Rs 92.39 per litre
Jaipur: Petrol price: Rs 104.72 per litre, Diesel price: Rs 90.21 per litre
Mumbai: Petrol price: Rs 103 .44 per litre, Diesel price: Rs 88.97 per litre
Bangalore: Petrol price: Rs 102.92 per litre, Diesel price: Rs 88.99 per litre
New Delhi: Petrol price: Rs 94.77 per litre, Diesel price: Rs 87.69 per litre
Lucknow: Petrol price: Rs 94.57 per litre, Diesel price: Rs 87.81 per litre
Guwahati: Petrol price: Rs 98.08 per litre, Diesel price: Rs 90.33 per litre