Petrol, Diesel Price Today 23 January 2024: Oil prices extended their losses in early trading on Thursday as uncertainty emerged over the potential economic impact of proposed tariffs by former US President Donald Trump. The measures that have been targeting multiple countries have raised fears of slow economic growth and reduced energy demand.
As per the latest report, Brent Crude futures went down by 23 cents to $78.79 per barrel, whereas US West Texas Intermediate (WTI) crude dropped by 18 cents to $75.26.
The recent fall in oil prices has been credited to Trump’s announcement of new tariffs targeted at multiple countries, as per a Reuters report. Economic tensions and geopolitical tension have arisen because of these announcements. Trump has also warned that he will be levying more sanctions against Russia unless the country agrees to end the war in Ukraine. He further added that he may also apply similar tariffs on other countries that are involved in the conflict.
Also ReadWhat’s the outlook for gold today? Check Gold, silver rate today on January 23 in Mumbai, Delhi, Chennai, Kolkata
According to Rahul Kalantri, VP Commodities, Mehta Equities Ltd, ”We expect crude oil prices to remain volatile in today’s session. Crude oil is having support at $74.40-73.80 and resistance is at $75.65-76.10 today’s session. In INR crude oil has support at Rs 6,490-6,430 while resistance at Rs 6,640-6,720.”
Check latest Petrol and Diesel prices at your place on 23 January 2025
Chennai: Petrol price: Rs 100.90 per litre, Diesel price: Rs 92.48 per litre
Bhubaneswar: Petrol price: Rs 103.54 per litre, Diesel price: Rs 94.76 per litre
Raipur: Petrol price: Rs 100.45 per litre, Diesel price: Rs 93.39 per litre
Guwahati: Petrol price: Rs 98.08 per litre, Diesel price: Rs 90.33 per litre
Nashik: Petrol price: Rs 103.86 per litre, Diesel price: Rs 90.40 per litre
Noida: Petrol price: Rs 94.87 per litre, Diesel price: Rs 88.01 per litre
Mumbai: Petrol price: Rs 103.50 per litre, Diesel price: Rs 90.03 per litre
Pune: Petrol price: Rs 104.47 per litre, Diesel price: Rs 90.98 per litre
Allahabad: Petrol price: Rs 95.39 per litre, Diesel price: Rs 88.64 per litre
Ranchi: Petrol price: Rs 97.89 per litre,
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