The surge in crude oil prices in the global market has directly affected fuel rates in several countries, including India. As a result, petrol and diesel prices have witnessed fluctuations in different cities. On Thursday, government oil companies released the latest fuel prices, revealing an increase in some regions while rates remained unchanged in major metros like Delhi and Mumbai.
Which Cities Saw an Increase in Petrol and Diesel Prices?
Several cities recorded a hike in petrol and diesel prices:
- Ghaziabad: Petrol price rose by 19 paise, reaching ₹94.89 per liter, while diesel increased by 22 paise to ₹88.03 per liter.
- Gautam Buddha Nagar (Noida): Petrol increased by 2 paise to ₹94.87 per liter, while diesel went up by 3 paise to ₹88.01 per liter.
- Haridwar (Uttarakhand): Petrol saw a hike of 3 paise, reaching ₹92.72 per liter, and diesel also increased by 3 paise to ₹87.56 per liter.
Global Crude Oil Prices on the Rise
In the past 24 hours, crude oil prices have climbed significantly in the international market. As of now:
- Brent Crude Oil is trading at $74.61 per barrel
- WTI Crude Oil has reached $71.25 per barrel
This rise in crude oil prices has had a direct impact on domestic fuel prices in India.
Latest Petrol and Diesel Prices in Major Metros
The updated fuel prices in the four major metros are as follows:
- Delhi: Petrol ₹94.72 per liter, Diesel ₹87.62 per liter
- Mumbai: Petrol ₹103.44 per liter, Diesel ₹89.97 per liter
- Chennai: Petrol ₹100.76 per liter, Diesel ₹92.35 per liter
- Kolkata: Petrol ₹104.95 per liter, Diesel ₹91.76 per liter
Revised Fuel Prices in Other Cities
According to government oil companies, the latest petrol and diesel prices in some other key cities are:
- Ghaziabad: Petrol ₹94.89 per liter, Diesel ₹88.03 per liter
- Noida: Petrol ₹94.87 per liter, Diesel ₹88.01 per liter
- Haridwar: Petrol ₹92.72 per liter, Diesel ₹87.56 per liter
Fuel Price Updates: Daily Revisions at 6 AM
The price of petrol and diesel in India is updated every day at 6 AM. These rates include multiple factors such as excise duty, dealer commission, and Value Added Tax (VAT), which significantly increase the base price of fuel. Due to these additional costs, consumers end up paying nearly double the original crude oil price.
Stay updated with daily fuel price changes to plan your expenses accordingly.
