Petrol and diesel prices have increased on Friday 1 Government oil marketing companies have increased the prices of these products significantly 1 This has made petrol in the national capital Delhi expensive by 30 paise per liter and diesel by 45 paise per liter. With this increase, the price of petrol in Delhi has been increased to Rs 81.89 per liter and diesel has been priced at Rs 71.86 per liter.
This increase in the prices of petrol and diesel has been due to increasing demand for crude oil in the global market. Crude oil is trading at $ 45.02 a barrel on Friday morning and Brent oil at $ 47.88 a barrel. It is believed that crude oil prices may soon cross $ 50 per barrel level. Actually, positive news about the development of Corona vaccine has increased demand in the crude market, which is showing its effect on prices.
It is being told that this month, due to increasing economic activity, the demand for crude oil in the US market is increasing once again. With this, demand is also coming out in some other big economies of the world. Well yesterday, it showed some correction and there was a slight softening in crude oil.