What is the price of petrol in September 2013?

What is the price of petrol in September 2013?

The previous high in the capital was Rs 74.10 a litre in September 2013. In Mumbai, Kolkata and Chennai too, prices climbed to new multi-year highs at Rs 81.80, Rs 76.66 and Rs 76.72 a litre, the Indian Oil website said.

Why were oil prices so high in 2013?

Increased worldwide demand was one reason. Brent Crude remained high at $118.38 partly due to supply problems in Europe, including lower North Sea production and the continuing war in Libya.

Why is the price of petrol decreasing?

Global crude oil prices plunged to an 18-year-low as oil demand dropped sharply due to the Covid-19 pandemic in 2020. But the benefit of the low crude oil prices was not passed on to citizens as the government increased excise duty on petrol and diesel sharply to shore up revenues during the pandemic.

What was the price of oil in 2013?

Average annual Brent crude oil price from 1976 to 2021 (in U.S. dollars per barrel)

What was international petrol price in 2013?

2013. The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas went up to US$ 111.59/per barrel (bbl) on 03.09.

What was the highest petrol price in 2012?

Decontrolled petrol prices saw 26 revisions since 2010