{"id":3305,"date":"2020-01-11T23:49:02","date_gmt":"2020-01-11T23:49:02","guid":{"rendered":"https:\/\/jobbinghood.com\/finance\/2020\/01\/11\/diesel-price-hits-408-day-high-in-delhi-at-rs-68-94-per-litre\/"},"modified":"2020-01-11T23:49:02","modified_gmt":"2020-01-11T23:49:02","slug":"diesel-price-hits-408-day-high-in-delhi-at-rs-68-94-per-litre","status":"publish","type":"post","link":"https:\/\/jobbinghood.com\/magazine\/2020\/01\/11\/diesel-price-hits-408-day-high-in-delhi-at-rs-68-94-per-litre\/","title":{"rendered":"Diesel price hits 408-day high in Delhi, at Rs 68.94 per litre"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"article-image\">\n<figure><img fetchpriority=\"high\" decoding=\"async\" class=\"lazy lazy-hidden wp-image-1818449 size-full\" src=\"http:\/\/www.financialexpress.com\/wp-content\/plugins\/a3-lazy-load\/assets\/images\/lazy_placeholder.gif\" data-lazy-type=\"image\" data-src=\"https:\/\/images.financialexpress.com\/2020\/01\/cats-695.jpg\" alt=\"Diesel price,\u00a0Diesel price\u00a0in Delhi,\u00a0Petrol price,\u00a0Diesel consumption,\u00a0Diesel consumption, petrol price in international markets\" width=\"660\" height=\"440\" srcset=\"\" data-srcset=\"https:\/\/images.financialexpress.com\/2020\/01\/cats-695.jpg 660w, https:\/\/images.financialexpress.com\/2020\/01\/cats-695-300x200.jpg 300w, https:\/\/images.financialexpress.com\/2020\/01\/cats-695-620x413.jpg 620w, https:\/\/images.financialexpress.com\/2020\/01\/cats-695-401x267.jpg 401w\" sizes=\"(max-width: 660px) 100vw, 660px\"\/><noscript><img decoding=\"async\" class=\"wp-image-1818449 size-full\" src=\"https:\/\/images.financialexpress.com\/2020\/01\/cats-695.jpg\" alt=\"Diesel price,\u00a0Diesel price\u00a0in Delhi,\u00a0Petrol price,\u00a0Diesel consumption,\u00a0Diesel consumption, petrol price in international markets\" width=\"660\" height=\"440\" srcset=\"https:\/\/images.financialexpress.com\/2020\/01\/cats-695.jpg 660w, https:\/\/images.financialexpress.com\/2020\/01\/cats-695-300x200.jpg 300w, https:\/\/images.financialexpress.com\/2020\/01\/cats-695-620x413.jpg 620w, https:\/\/images.financialexpress.com\/2020\/01\/cats-695-401x267.jpg 401w\" sizes=\"(max-width: 660px) 100vw, 660px\"\/><\/noscript><span class=\"article-caption\">Diesel consumption in the country grew 8.8% annually in November 2019 after recording decline for three months since August 2019.<\/span><\/figure>\n<\/div>\n<p>Retail price of diesel in New Delhi touched Rs 68.94\/litre on Thursday \u2014 the highest level in 408 days \u2014 as an aftermath of rising crude oil rates amid geopolitical tension. <a target=\"_blank\" href=\"http:\/\/www.financialexpress.com\/tag\/petrol\/\" rel=\"noopener noreferrer\">Petrol price<\/a> in the city had touched a 409-day high on January 6, and has been increasing since then.<\/p>\n<p>Refiners use rolling 15-day price of petroleum products in the international markets to arrive at a daily cost of fuel using a formula which includes a trade parity price. Various other charges such as inland freight, delivery charges, marketing costs and margins of oil marketing companies are also incorporated in the calculation.<\/p>\n<p>Brent crude prices had spiralled to more than $70 per barrel and closed at $68.91 per barrel on January 6 after an US airstrike killed powerful Iranian military leader Qassem Soleimani in the preceding weekend. However, global crude oil prices are coming down as US and Iran are seen to be avoiding full-scale conflict. The average price of Indian basket of crude in December was $65.52 per barrel, while that of Brent was $67.19 per barrel.<\/p>\n<p>Diesel consumption in the country grew 8.8% annually in November 2019 after recording decline for three months since August 2019. Diesel consumption in April-November 2019 has grown only 1% annually to 55.4 million tonne. The consumption data for December is not out yet.<\/p>\n<div class=\"common-bottom-text\">\n<p>Get live <a href=\"https:\/\/www.financialexpress.com\/market\/stock-market\/\" target=\"_blank\" rel=\"noopener noreferrer\">Stock Prices<\/a> from BSE and NSE and latest NAV, portfolio of <a href=\"https:\/\/www.financialexpress.com\/mutual-funds-india\/\" target=\"_blank\" rel=\"noopener noreferrer\">Mutual Funds<\/a>, calculate your tax by <a href=\"https:\/\/www.financialexpress.com\/income-tax-calculator\/\" target=\"_blank\" rel=\"noopener noreferrer\">Income Tax Calculator<\/a>, know market\u2019s <a href=\"https:\/\/www.financialexpress.com\/market\/stock-market\/nse-top-gainers\/\" target=\"_blank\" rel=\"noopener noreferrer\">Top Gainers<\/a>, <a href=\"http:\/\/www.financialexpress.com\/market\/stock-market\/nse-top-losers\/\" target=\"_blank\" rel=\"noopener noreferrer\">Top Losers<\/a> &amp; <a href=\"https:\/\/www.financialexpress.com\/mutual-funds-india\/equity-funds\/\" target=\"_blank\" rel=\"noopener noreferrer\">Best Equity Funds<\/a>. Like us on <a href=\" https:\/\/www.facebook.com\/thefinancialexpress\" target=\"_blank\" rel=\"noopener noreferrer\">Facebook<\/a> and follow us on <a href=\" https:\/\/twitter.com\/FinancialXpress\" target=\"_blank\" rel=\"noopener noreferrer\">Twitter<\/a>.<\/p>\n<\/div>\n<\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>[ad_2]<br \/><\/p>\n<div class=\"jobbi-after-content-jh-placement jobbi-entity-placement\" id=\"jobbi-411580110\"><div id=\"jobbi-2925476849\"><script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-5862940809620110\" crossorigin=\"anonymous\"><\/script><ins class=\"adsbygoogle\" style=\"display:block;\" data-ad-client=\"ca-pub-5862940809620110\" \ndata-ad-slot=\"\" \ndata-ad-format=\"auto\"><\/ins>\n<script> \n(adsbygoogle = window.adsbygoogle || []).push({}); \n<\/script>\n<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>[ad_1] Diesel consumption in the country grew 8.8% annually in November 2019 after recording decline for three months since August 2019. Retail price of diesel in New Delhi touched Rs 68.94\/litre on Thursday \u2014 the highest level in 408 days \u2014 as an aftermath of rising crude oil rates amid geopolitical tension. Petrol price in [&hellip;]<\/p>\n","protected":false},"author":348,"featured_media":3306,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-3305","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-markets"],"_links":{"self":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/posts\/3305","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/users\/348"}],"replies":[{"embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/comments?post=3305"}],"version-history":[{"count":0,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/posts\/3305\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/media\/3306"}],"wp:attachment":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/media?parent=3305"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/categories?post=3305"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/tags?post=3305"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}