petrol prices And diesel rates It has hit the plateau for the ninth consecutive day on Monday. Fuel rates across the country have been stable for more than a week. After the last price change which happened on July 17, there has been no jump in rates. However, this still leaves fuel rates nationwide, which are still high. As per the previous hike in prices, petrol There was an increase of 26 to 34 paise, while diesel rates saw a hike of 15 to 37 paise in major metros. Diesel prices touched the edge of Rs 100 per litre, but declined over the past nine days.
Petrol prices in the country’s capital Delhi saw an increase of 30 paise as it touched Rs 101.84 per liter on July 17. In Mumbai, an increase of 26 paise was seen over the previous hike, meeting the fuel rate of Rs 107.83. per liter of petrol. In the south of India, especially in Chennai and Bangalore, motorists are paying Rs 102.49 per liter and Rs 105.25 per liter respectively. At that time the price hike for both the cities was 26 paise and 31 paise respectively. In the west, in Kolkata, motorists have been battling for a little over a week for the price of petrol at Rs 102.80 per liter. The previous price hike was an increase of 34 paise from where the rates were earlier.
Diesel prices have also seen good days, with prices reaching almost Rs 100 a liter in several major metros. Diesel rate in Mumbai is stable at Rs 97.45 per litre. The diesel price per liter in Delhi is still Rs 89.87. Kolkata and Chennai have fixed the price of diesel at Rs 93.02 per liter and Rs 94.39 per litre. In Bengaluru city, residents are paying Rs 95.26 per liter of diesel.
With fuel rates reaching an all-time high across the country, the high final price tag can largely be attributed to value added tax (VAT), state-level taxation, fuel excise duty by the central government And the tariffs racked up by state-run oil companies added to the base-line retail price. Internationally, the per barrel price of crude oil as well as the dollar-to-rupee exchange rate on any given market day play a significant role in the final fuel pump price that citizens see.
Oil prices have seen little change on June 26 as investors try to balance expectations of tight supply of crude for the rest of the year against fuel demand related to the spread of COVID-19 variants. According to a Reuters report, there is also a case of flooding in China and the ever-increasing crackdown rules imposed by the country that are affecting the supply and demand of crude oil.
Brent crude futures for September delivery fell 3 cents to $74.07 a barrel, the report said. US Texas Intermediate crude fell 8 cents to $71.99 a barrel.
Both have seen a 7 percent recovery since last Monday’s downturn, as investors raised their bets on the prospect of demand remaining strong amid plunging oil reserves and rising vaccination rates, a Reuters report said. have put.
Check the prices of petrol and diesel for 26 July in the table below:
| city | Petrol (Rs.) | Diesel (Rs.) |
| Mumbai | Rs 107.83 | Rs 97.45 |
| Delhi | Rs.101.84 | Rs 89.87 |
| Kolkata | Rs 102.80 | Rs 93.02 |
| Chennai | Rs 102.49 | Rs 94.39 |
| Bangalore | Rs 105.25 | Rs 95.26 |
| Jaipur | Rupee. 108.71 | Rs 99.02 |
| Bhopal | Rs 110.20 | Rs 98.67 |
| Hyderabad | Rs 105.83 | Rs 97.96 |
| Pune | Rs 107.39 | Rs 95.54 |
| Gurgaon | Rs 99.46 | Rs 90.47 |
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