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Fuel Prices on November 27: Check petrol, diesel rates in Delhi, Mumbai and other cities

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In Delhi, petrol and diesel cost Rs 96.72 per litre and Rs 89.62 per litre, respectively. In Mumbai, petrol is being sold for Rs 106.31 a litre and diesel for Rs 94.27 a litre

November 27, 2022 / 08:48 AM IST

(Representative Image)

(Representative Image)

Petrol and diesel prices held steady across metro cities on November 27, the latest price notification issued by fuel retailers showed.

In Delhi, petrol and diesel cost Rs 96.72 per litre and Rs 89.62 per litre, respectively. In Mumbai, petrol is being sold for Rs 106.31 a litre and diesel for Rs 94.27 a litre.

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Petrol and diesel are priced at Rs 102.63/litre and Rs 94.24/litre in Chennai and at Rs 106.03/litre and Rs 92.76/litre in Kolkata, respectively.

Meanwhile, the OPEC+ meeting in December will take into account the condition and balance of the market, Iraq’s state news agency quoted Saadoun Mohsen, a senior official at the country’s state oil marketer SOMO, as saying on November 26.

OPEC+’s October decision to reduce production by two million barrels per day (bpd) had played an important role in stabilising global markets, Saadoun, who serves as Iraq’s delegate to OPEC, said.

Globally, oil prices fell two percent on November 25 in thin market liquidity, closing a week marked by worries about Chinese demand and haggling over a Western price cap on Russian oil.

Brent crude futures settled down $1.71, or two percent, to trade at $83.63 a barrel, having retraced some earlier gains.

U.S. West Texas Intermediate (WTI) crude futures were down $1.66, or 2.1 percent, at $76.28 a barrel. There was no WTI settlement on November 24 due to the US Thanksgiving holiday and trading volumes remained low.

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