Mumbai’s petrol cost is the highest across major cities today at Rs 96.83 per litre while Diesel in the country’s financial capital costs Rs 87.81 per litre. The divergence in prices between Delhi and Mumbai is owing to different prices in different cities. Petrol and Diesel prices are fixed on the basis of freight charges, local taxes, and VAT.
Petrol, diesel prices in Chennai, Kolkata, Bengaluru, Hyderabad, UP, Punjab, Haryana, Pune
- Chennai: Petrol prices – Rs 92.43 per litre; Diesel prices – Rs 85.75 per litre
- Kolkata: Petrol prices – Rs 90.62 per litre; Diesel prices – Rs 83.61 per litre
- Pune: Petrol prices – Rs 96.47 per litre; Diesel prices – Rs 86.13 per litre
- Bengaluru: Petrol prices – Rs 93.43 per litre; Diesel prices – Rs 85.60 per litre
- Hyderabad: Petrol prices – Rs 93.99 per litre; Diesel prices – Rs 88.05 per litre
- Noida (UP): Petrol prices – 88.79 per litre; Diesel prices – Rs 81.19 per litre
- Mohali (Punjab): Petrol prices – Rs 92.62 per litre; Diesel prices – 83.58 per litre
- Chandigarh: Petrol prices 86.99 per litre; Diesel prices – Rs 80.43 per litre
- Gurugram (Haryana): Petrol prices – Rs 88.37 per litre; Diesel prices – Rs 81.31 per litre
Crude Oil price up 6% this week
Improved oil demand has halted the drop in oil prices that was seen earlier last week. Crude oil prices were down on Friday morning but were up on a weekly basis. US WTI crude futures traded at $63.27 per barrel, while Brent crude futures were up at $66.77 per barrel, according to Reuters. “Oil markets continued to bask in the afterglow of more bullish demand forecasts from the agencies and a more significant than expected fall in US crude inventories suggesting demand in the US is on the mend. And with miles driven on the US highways up for the first time since the pandemic outbreak, it means we are well on the way to bountiful US summer driving season that could come close to matching the summer of 2019,” said Stephen Innes, Chief Global Market Strategist at Axi.
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via India Infoline