Petrol, Diesel Price Today 20 January 2024: Oil prices rebounded on Monday as concerns over global supply continue to prevail following two rounds of sanctions by the United States impacting Russia’s energy sector because of the ongoing conflict in Ukraine.
As per the latest update, Brent crude futures went up by 34 cents and reached $81.13 per barrel, whereas US West Texas Intermediate (WTI) crude climbed by 59 cents and were at $78.47.
Both benchmarks recorded over 1 1 percent surge in the last week, recording their fourth consecutive week of gains, as per Reuters report. This progressive momentum followed sanctions levied by the Biden administration on Russian oil producers and more than 100 tankers. These measures led to urgent procurement efforts by major oil-importing nations such as China and India.
Meanwhile, in a crucial development in the Middle East, Hamas and Israel exchange hostages and prisoners on Sunday.
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 $78.00-78.60 today’s session. In INR crude oil has support at Rs 6,650-6,600 while resistance at Rs 6,790-6,850.”
Check latest Petrol and Diesel prices at your place on 20 January 2025
New Delhi: Petrol price: Rs 94.77 per litre, Diesel price: Rs 87.67 per litre
Noida: Petrol price: Rs 94.87 per litre, Diesel price: Rs 88.01 per litre
Srinagar: Petrol price: Rs 99.70 per litre, Diesel price: Rs 84.88 per litre
Shimla: Petrol price: Rs 95.03 per litre, Diesel price: Rs 87.41 per litre
Thane: Petrol price: Rs 103.75 per litre, Diesel price: Rs 90.26 per litre
Faridabad: Petrol price: Rs 95.56 per litre, Diesel price: Rs 88.40 per litre
Indore: Petrol price: Rs 107.13 per litre, Diesel price: Rs 92.47 per litre
Kolkata: Petrol price: Rs 105.01 per litre, Diesel price: Rs 91.82 per litre
Varanasi: Petrol price: Rs 95.41 per litre, Diesel price: Rs 88.59 per litre
Raipur: Petrol price: Rs 100.45 per litre, Diesel price: Rs 93.39 per litre
Chennai: Petrol price: Rs 100.90 per litre, Diesel price: Rs 92.48 per litre
Bhopal: Petrol price: Rs 106.52 per litre, Diesel price: Rs 91.98 per litre