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NEW DELHI : Gasoline and diesel prices were unchanged for the sixth consecutive day today. Earlier for about three weeks from June 7, the price of gasoline was increased by 9.17 liters and that of diesel by 11.14 a liter. As gasoline prices remain at their highest level in 19 months and diesel at their highest level in Delhi, political protests against the rise continue in several regions of India.

Latest petrol and diesel prices in the main cities:

New Delhi: Essence 80.43. Diesel 80.53

Gurgaon: Essence 78.65. Diesel 72.81

Mumbai: Essence 87.21. Diesel 78.95

Chennai: petroleum 83.67. Diesel 77.78

Hyderabad: Petrol 83.48. Diesel 78.70

Bengaluru: Essence 83.04. Diesel 76.59

Gasoline and diesel prices depend on international benchmarks for the two motor fuels, exchange rates and the cost of the Indian basket of crude oil. With global energy demand recovering as Covid restrictions relax in several countries, Brent crude oil prices increased by about 4% last week, but ended below $ 43 the barrel.

Signs of economic recovery and lower supply after a record supply drop by the Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC +, helped Brent more than doubling from the 21-year low below $ 16 in April.

In India, demand for petroleum products, which had fallen in April to its lowest level since 2007, due to the blockage induced by coronaviruses, reached 88% of pre-COVID-19 levels.

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