Petrol, Diesel Price Today 14 January 2024: Oil prices continue to hover around four-month highs as the market remained focused on new US sanctions on Russian oil exports. As per the latest report, Brent crude futures declined by 28 cents to $80.73 a barrel whereas US West Texas Intermediate (WTI) crude dropped to 18 cents and were at $78.64 a barrel.
Prices went up by 2% on Monday following the US Treasury Department’s announcement of sanctions on Gazprom Neft, Surgutneftegas, and 183 vessels involved in Russia’s ‘’shadow fleet’’ of oil tankers. These measures aim to obstruct a major part of Russia’s oil export operations, leading to market uncertainty, as per Reuters report.
Market participants are keeping a close watch on the release of the US producer price index (PPI) later on Tuesday and the consumer price index (CPI) which is slated to be released on Wednesday.
According to Rahul Kalantri, VP Commodities, Mehta Equities Ltd, ”We expect crude oil prices to remain volatile in today’s session. Crude oil is having support at $76.50-75.80 and resistance is at $77.65-78.30 today’s session. In INR crude oil has support at Rs6,790-6,720 while resistance at Rs6,920-7,000.”
Check latest Petrol and Diesel prices at your place on 14 January 2025
Mumbai: Petrol price: Rs 103.50 per litre, Diesel price: Rs 90.03 per litre
Allahabad: Petrol price: Rs 94.66 per litre, Diesel price: Rs 87.79 per litre
Chandigarh: Petrol price: Rs 94.30 per litre, Diesel price: Rs 82.45 per litre
Agra: Petrol price: Rs 94.86 per litre, Diesel price: Rs 87.98 per litre
Nashik: Petrol price: Rs 104.63 per litre, Diesel price: Rs 91.14 per litre
Hyderabad: Petrol price: Rs 107.46 per litre, Diesel price: Rs 95.70 per litre
Srinagar: Petrol price: Rs 99.70 per litre, Diesel price: Rs 84.88 per litre
Surat: Petrol price: Rs 94.37 per litre, Diesel price: Rs 90.06 per litre
Indore: Petrol price: Rs 106.47 per litre, Diesel price: Rs 91.87 per litre
Lucknow: Petrol price: Rs 94.84 per litre, Diesel price: Rs 94.84 per litre
Dehradun: Petrol price: Rs 93.29 per litre, Diesel price: Rs 88.13 per litre
Kolkata: Petrol price: Rs 105.01 per litre, Diesel price: Rs 91.82 per litre