New Delhi, 5 December (IANS). Petrol and diesel prices continued to rise for the fourth consecutive day on Saturday. Petrol has started selling at Rs 83.13 per liter in Delhi, while the price of diesel has been increased to Rs 73.32 per liter.

Due to the rise in the price of crude oil in the international market, the prices of petrol and diesel are increasing. The benchmark crude oil Brent crude price has moved closer to $ 50 per barrel.

Oil marketing companies on Saturday increased the price of petrol by 27 paise in Delhi, 26 paise in Kolkata and Mumbai and 24 paise per liter in Chennai. At the same time, the price of diesel has been increased by 25 paise per liter in Delhi and Kolkata, by 27 paise in Mumbai and 24 paise per liter in Chennai.

According to the website of IndianOil, petrol prices in Delhi, Kolkata, Mumbai and Chennai have increased to Rs 83.13, Rs 84.63, Rs 89.78 and Rs 86 per liter respectively. Diesel prices in the four metros have also increased to Rs 73.32, Rs 76.89, Rs 79.93 and Rs 78.69 per liter respectively.

After four consecutive days of increase in December this month, the price of petrol in the capital of Delhi has increased by 79 paise per liter while the price of diesel has increased by 90 paise per liter.

Brent crude’s February delivery futures contract on the international futures market Inter Continental Exchange (ICE) closed at $ 49.05 a barrel, up 0.70 percent from the previous session on Friday, while Brent price rose to $ 49.92 a barrel during day trading. Bounce which is the highest level since March. Last month too, the price of Brent had risen to $ 49.09 per barrel.

West Texas Intermediate (WTI) January delivery futures contract on the New York Merke Tile Exchange (Nymax) closed at $ 46.09 a barrel, up 0.99 percent from the previous session.

PMJ / VAV