New Delhi: Globally, a significant surge in crude oil prices has been observed in recent days. With crude oil prices gaining momentum, concerns arose that petrol and diesel rates in India might also spiral out of control. However, petrol and diesel prices in India currently appear to remain stable.
In several major metropolitan areas, petrol and diesel rates have remained unchanged for a considerable period. Reports regarding the potential closure of the Strait of Hormuz—stemming from the intense conflict involving the US, Israel, and Iran—have once again heightened global anxiety. If the trade of crude oil is disrupted, there is a strong possibility that prices will rise.
key highlights
Highest petrol
₹107.46
Hyderabad
Lowest petrol
₹94.49
Ahmedabad
Highest diesel
₹95.70
Hyderabad
Lowest diesel
₹87.67
New Delhi
Check Petrol and Diesel Prices in These Indian Cities
In the national capital, New Delhi, petrol is currently recorded at ₹94.77 per litre, while diesel stands at ₹87.67 per litre. In Mumbai, the capital of Maharashtra, petrol is trading at ₹103.54 per litre, while diesel appears to be trending at ₹90.03 per litre.
In Kolkata, the capital of West Bengal, petrol is recorded at ₹105.45 per litre and diesel at ₹92.02 per litre. In Chennai, the capital of Tamil Nadu, petrol prices are trending at ₹100.84 per litre, with diesel at ₹92.39 per litre.
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In Ahmedabad, a major city in Gujarat, petrol prices are recorded at ₹94.49 per litre and diesel at ₹90.16 per litre. In Hyderabad, the capital of Telangana, petrol is trending at ₹107.46 per litre and diesel at ₹95.70 per litre. In Patna, the capital of Bihar, petrol is trending at ₹105.71 per litre and diesel at ₹91.49 per litre.
In Bengaluru, Karnataka, petrol appears to be trending at ₹102.96 per litre, while diesel is recorded at ₹90.99 per litre. In Lucknow, the price of petrol is recorded at ₹95.34 per litre, while the price of diesel stands at ₹88.50 per litre.
Daily Price Updates
It is worth noting that petrol and diesel prices in India are determined based on crude oil rates in the global market. These prices take into account international crude oil rates, the Rupee-Dollar exchange rate, as well as excise duty and VAT. Indian petroleum companies release the revised prices for petrol and diesel daily at 6:00 AM.
