Drop in fuel prices

Team Udayavani, May 12, 2019, 7:40 AM IST

Mangaluru/Udupi: The prices of petrol and diesel has dropped with the fall in the price for crude oil and the fall in dollar value.  The least price for the fuel in the local market for the month was recorded on Saturday.

Within a week, the prices of petrol and diesel have fallen day by day. The price of petrol was Rs 74.72 on May 6^th which dropped by 84 paisa and reached Rs 73.84 on May 11^th. Diesel price which was at Rs 68.17 dropped by 38 paisa to Rs 67.79 on May 11^th. The drop in prices was within a week for either of the fuels. The price of petrol in Udupi was Rs 75.01 on May 6^th fell to Rs 74.13 on May 11^th. The diesel price dropped from Rs 68.44 on May 6^th to Rs 68.06 on May 11^th. The drop is by 88 paisa and 38 paisa respectively.

Drop by 50 paisa

Petrol price dropped by 50 paisa in a single day. Petrol price which was at Rs 74.34 on May 10^th dropped to Rs 73.84 on May 11^th. Diesel price too have fallen.

“The fall fuel prices is due to the fall in dollar value and the prices of crude oil in the international market,” informed Satish N Kamath, President of DK – Udupi Petrol Diesel Association