Bpd

Petrol, diesel prices rise for sixth straight day on weak rupee, rising crude; economic slowdown dims fuel demand outlook

Following the price revision on Tuesday, petrol was sold in Delhi at Rs 70.41 per litre, Mumbai Rs 76.05, Chennai Rs 72.52 and Kolkata Rs 73.08 a litre, according to data available on Indian Oil Corporation website.

Fuel prices rise after a gap of nearly three weeks as crude rates up on hopes of positive outcome in Sino-US trade talks

Crude oil prices jumped on Monday, pushed up by optimism that talks in Beijing can resolve a trade war between the United States and China, while supply cuts by major producers also supported crude.

Oil price firms as OPEC, Russia likely to agree on output cuts next week; rising US supply stems gains

Despite the firmer prices, crude oil has lost almost a third in value since early October because of an emerging supply glut following a global surge in production.