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Petrol, diesel prices rise first time in 2019: Here are today's latest rates

Jan 7 (AZINS) The prices of petrol and diesel increased for the first time in 2019. In Mumbai, petrol and diesel priced at Rs 74.16/litre and Rs 65.12/litre. While in Delhi, petrol and diesel priced at Rs 68.50/litre and Rs 62. 24/litre, respectively.

However, on Sunday,  fuel price chart showed that petrol is now at its lowest rate since October 2017, thanks to lower global crude oil prices. A litre of petrol retailed at Rs 68.29 in Delhi, Rs 73.95 in Mumbai, Rs 70.43 in Kolkata, Rs 70.85 in Chennai.

Oil prices started firmer after Brent bounced about 9.3 per cent last week, while WTI rose 5.8 percent. The crude benchmark rose 54 cents on Monday to $57.61 a barrel, while U.S. crude futures gained 53 cents to $48.49.

How to check fuel prices in your city:

1. Check Petrol/Diesel Price at your nearest Indian Oil Petrol Pump using Pump Locator

You can visit Indian Oil's official website to locate your nearest Indian Oil petrol pump and view prices of petrol and diesel. Using the Petrol Pump Locator, you can also check the various facilities and services offered at these petrol pumps.

2. Download Fuel@IOC Mobile App on your smartphone to locate your nearest Indian Oil petrol pump and track fuel prices

3. You can also check petrol & diesel price by sending SMS to 92249 92249

Meanwhile, Asian shares sped ahead on Monday as a dovish turn by the Federal Reserve and startlingly strong U.S. jobs data soothed some of the market's worst fears about the global outlook.

Chinese stocks firmed after the country's central bank announced an easing in policy on Friday, with 100 basis points of cuts to bank reserve requirements freeing up around $116 billion for new lending.

"This year we might reasonably expect to see as many as four 100 basis point (reserve requirement ratio) cuts and, in the absence of capital outflow pressures on the currency, quite possibly cuts to the benchmark one-year lending rate as well," said NAB head of FX strategy Ray Attrill.