Prices of fuel on September 22

22 Sep 2022 , 09:14 AM

On September 22, the most recent price notice sent out by fuel merchants revealed that the price of gasoline and diesel remained stable throughout metro areas.

Despite a decline in global oil prices, fuel costs have remained constant for more than a month. Delhi charges Rs96.72 for gasoline and Rs 89.62 for diesel per liter, respectively. Diesel costs Rs 94.27 per liter and gasoline costs Rs 106.31 in Mumbai. Petrol and diesel are Rs102.63 and Rs94.24 in Chennai and Rs106.03 and Rs92.76 in Kolkata, respectively.

Wednesday saw a nearly two-week low for oil prices as the U.S. currency rose, domestic gasoline consumption fell, and investors expressed concern about a potential global recession. Trading was erratic, with crude oil prices increasing by more than $2 early in the session as a result of concerns over a further Russian military buildup and indications of a revival in Chinese demand.

By 11:41 a.m. EDT (1541 GMT), Brent futures had dropped 57 cents, or 0.6%, to $90.05 a barrel, on course to settle at its lowest level since September 8. West Texas Intermediate (WTI) crude for the United States decreased by 66 cents, or 0.8%, to $83.28 and was about to settle at its lowest level since September 7.

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