Petrol Diesel Price Today: Every day begins with the sun. Similarly, Indian oil companies release petrol and diesel prices across the country on all days of the week. For a long time, there has been no variation in the prices of petrol and diesel at Indian petrol pumps.
Yes, crude oil prices in the global market have been fluctuating significantly, but there has been no change in India. The sky-high petrol prices are still straining consumers’ budgets. If you plan to travel, check the latest rates before filling your vehicle with petrol or diesel. We are providing some updates on petrol and diesel prices in some metropolitan cities. You can find them in detail below.
Petrol and Diesel Rates in These Metros
In the national capital, Delhi, the price of petrol was recorded at ₹94.72 per litre. Diesel prices here were trending at ₹87.62 per litre. In Mumbai, petrol is priced at ₹104.21 per litre and diesel at ₹92.15 per litre. In Kolkata, petrol is priced at ₹103.94 per litre and diesel at ₹90.76 per litre.
In Chennai, petrol is selling at ₹100.75 per litre and diesel at ₹92.34 per litre. In Ahmedabad, petrol is selling at ₹94.49 per litre and diesel at ₹90.17 per litre. In Bengaluru, petrol is selling at ₹102.92 per litre and diesel at ₹89.02 per litre. In Hyderabad, petrol is priced at ₹107.46 per litre and diesel at ₹95.70 per litre.
How are prices determined?
There are several parameters for determining the price of petrol and diesel. The primary factor is that petrol and diesel are produced primarily from oil. When global crude oil prices rise, it directly impacts the market. India imports most of its crude oil, which is purchased abroad in dollars. If the rupee weakens, fuel becomes more expensive.
Learn about government taxes and duties.
The central and state governments impose high taxes on petrol and diesel. This also accounts for a significant portion of the retail price. This is the reason for the significant difference in petrol and diesel prices across states and metropolitan areas.