Petrol prices in India fall 1% despite 14% slump in crude oil prices in a month
Updated : June 14, 2019 02:50 PM IST
According to the Indian Oil Corp data, petrol prices have fallen 1.3 percent or Re 1 per litre while diesel prices have slumped about 2.4 percent or Rs 1.68 per litre in Mumbai.
Brent crude futures were up 50 cents, or 0.8 percent, at $61.81 a barrel by 0313 GMT, having settled up 2.2 percent on Thursday.
World oil demand will rise by 1.14 million barrels per day (bpd) this year, 70,000 bpd less than previously expected, OPEC said in a monthly note.