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Petrol, diesel price on 31st July 2018: Check out rates in metro cities
Oil prices slipped on Tuesday after a report showed that OPEC production reached a 2018 high in the month of July.
New Delhi: Petrol and Diesel prices were hiked in four metro cities applicable from 6:00 a.m. on 31st July 2018.
Petrol prices were hiked by 6 paise while diesel prices were hiked by 7 paise in all the metro cities of Delhi, Kolkata, Mumbai, and Chennai.
Last month, members of the Organisation of the Petroleum Exporting Countries (OPEC), agreed to jointly increase oil production, which was estimated to be about one million barrels a day. The deal, which came after a week of tense negotiation, was reportedly aimed at easing fears of a global supply crunch.
Oil prices slipped on Tuesday after a report showed that OPEC production reached a 2018 high in the month of July, although the losses were limited as concerns about supply lingered. September Brent crude futures fell 7 cents to $74.90 a barrel by 0109 GMT, after rising 68 cents, or 0.9 percent, on Monday. US West Texas Intermediate crude futures (WTI) were down 6 cents at $70.08, after rising more than 2 percent in the previous session, according to a report by news agency Reuters.
Prices of non-branded petrol in metro-cities
| Cities | (Rs/litre) |
| New Delhi | 76.31 |
| Kolkata | 79.20 |
| Mumbai | 83.76 |
| Chennai | 79.26 |
Prices of non-branded diesel in metro-cities
| Cities | (Rs/litre) |
| New Delhi | 67.82 |
| Kolkata | 70.58 |
| Mumbai | 72.00 |
| Chennai | 71.62 |
(Source: Indian Oil) Prices may vary from outlet to outlet within a city