Petrol, Diesel Price Today 18 October 2024: Crude oil was up on Friday because of an unexpected drop in the US oil inventories and the ongoing crisis in the Middle East. As per the latest report, Brent crude futures rose up by 16 cents and were trading at $74.61 per barrel whereas US West Texas Intermediate crude went up by 17 cents to $70.84 per barrel.

Meanwhile, Mizoram Chief Minister Lalduhoma stated that his cabinet decided not to cut down prices of petrol and diesel prices which were hiked on 1 September. His reaction came in response to protests which have been done by vehicle owners demanding the removal of the price hike. The cost of petrol price in Mizoram rose to Rs 99.24 per litre from Rs 93.93 whereas diesel price went up to Rs 88.02 per litre from Rs 82.62 per litre. Despite the protest, the state government refuses to roll back the new fuel prices.

According to Rahul Kalantri, VP Commodities of Mehta Equities Ltd, ”We expect crude oil prices to remain volatile in today’s session, driven by fluctuations in the dollar index and ongoing geopolitical tensions. In the current session, crude oil has support at $69.65-$69.00 and resistance at $71.00-$71.65. In INR terms, crude oil has support at Rs 5,850-5,780 and resistance at Rs 6,000-6,080.”

Check latest Petrol and Diesel prices at your place on 18 October 2024

Chennai: Petrol price: Rs 100.85 per litre, Diesel price: Rs 92.43 per litre

Bhopal: Petrol price: Rs 106.57 per litre, Diesel price: Rs 91.94 per litre

Thane: Petrol price: Rs 103.62 per litre, Diesel price: Rs 90.14 per litre

Patna: Petrol price: Rs 106.06 per litre, Diesel price: Rs 92.87 per litre

Guwahati: Petrol price: Rs 98.08 per litre, Diesel price: Rs 90.33 per litre

New Delhi: Petrol price: Rs 94.72 per litre, Diesel price: Rs 87.62 per litre

Mumbai: Petrol price: Rs 103.44 per litre, Diesel price: Rs 88.97 per litre

Kanpur: Petrol price: Rs 94.79 per litre, Diesel price: Rs 87.92 per litre

Faridabad: Petrol price: Rs 95.50 per litre, Diesel price: Rs 88.35 per litre

Shimla: Petrol price: Rs 95.23 per litre, Diesel price: Rs 87.31 per litre

Agra: Petrol price: Rs 94.37 per litre, Diesel price: Rs 87.41 per litre