Petrol, Diesel Prices: It is a matter of relief that the prices of petrol and diesel remained stable on Thursday. This is only the third time in the last 17 days that there has been no change in fuel prices. According to the price notification of the state fuel retailers, the price of petrol in Delhi will now be Rs 105.41 per liter, while the price of diesel has increased from Rs 95.87 per liter to Rs 96.67. The price of petrol and diesel in Mumbai is Rs 120.51 and Rs 104.77 per liter respectively.
Rates have been increased across the country and vary from state to state based on local taxation events. This is the 14th increase in prices since the end of a four-and-a-half-month-long hiatus in the rate revision on March 22. However, it is expected to rise further as Oil Marketing Companies (OMCs) revise the prices in line with the rise in crude oil prices. oil prices.
Experts have noted that for every $1 per barrel increase in crude oil price for OMCs to maintain normal marketing margin on auto fuel sales, there is a need to increase the retail price of petrol and diesel by Rs 0.52-0.60. Is. The price of Brent crude has increased from around $28.4 per barrel to $108.9 per barrel since November 4, indicating that the fuel prices on petrol and diesel may increase by Rs 5.5-7.8 per liter at the current price of Brent crude. Is.
Oil prices took some losses on Thursday after falling more than 5 percent in the previous session to a three-week low, as consuming countries sought to offset lost supplies from Russia. Announced a major release of oil from emergency reserves. Brent crude futures were up $1.32, or 1.3 per cent, at $102.39 a barrel by 0119 GMT, while US West Texas Intermediate (WTI) crude futures were up $1.18, or 1.2 per cent, to $97.41 a barrel.
Petrol, Diesel Prices as on Tuesday, April 7 in Delhi, Mumbai and Other Cities in India
Delhi
Petrol – Rs 105.41 per liter
Diesel – Rs 96.67 per liter
Mumbai
Petrol – Rs 120.47 per liter
Diesel – Rs 104.72 per liter
Kolkata
Petrol – Rs 115.08 per liter
Diesel – Rs 99.82 per liter
Chennai
Petrol – Rs 110.89 per liter
Diesel – Rs 100.98 per liter
Bhopal
Petrol – Rs 109.78 per liter
Diesel – Rs 93.32 per liter
Hyderabad
Petrol – Rs 118.07 per liter
Diesel – Rs 101.14 per liter
Bangalore
Petrol – Rs 111.25 per liter
Diesel – Rs 94.81 per liter
Guwahati
Petrol – Rs 105.57 per liter
Diesel – Rs 91.36 per liter
Lucknow
Petrol – Rs 105.25 per liter
Diesel – Rs 96.83 per liter
Gandhinagar
Petrol – Rs 105.29 per liter
Diesel – Rs 99.61 per liter
Thiruvananthapuram
Petrol: Rs 117.52
Diesel – Rs 103.91 per
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