Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Lucknow: Petrol and diesel prices were increased for the sixth time in seven days by oil marketing companies (OMC). Fuel rates have now increased by as much as Rs 4-4.10 per litre after OMC hiked prices for the first time last Tuesday. Petrol in the National Capital of Delhi currently retails at Rs 99.41 per litre, an increase of 30 paise from yesterday while diesel in the city is priced at Rs 90.77 up 35 paise from yesterday. In Mumbai, a litre of petrol and diesel cost Rs 114.19 and Rs 98.50, respectively. Pieces were hiked last week for the first time in 4 months. Public sector OMCs including Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL) and Hindustan Petroleum Corporation Ltd (HPCL) revise the fuel prices daily in line with benchmark international price and foreign exchange rates. 

OMCs had earlier, neither raised nor reduced petrol and diesel rates for more than 100 days, while international oil prices were volatile. Any changes in petrol and diesel prices are implemented with effect from 6 am every day. Retail petrol, diesel prices differ from state to state on account of local taxes like VAT or freight charges. Analysts had expected an increase in fuel rates as crude oil prices were hurting the government’s kitty.

Petrol, diesel prices in Chennai, Kolkata, Bengaluru, Lucknow, Noida, Gurugram

Mumbai: Petrol price: Rs 114.19 per litre, Diesel price: Rs 98.50 per litre

Delhi: Petrol price – Rs 99.41 per litre, Diesel price – Rs 90.77 per litre

Chennai: Petrol price: Rs 105.18 per litre, Diesel price: Rs 95.33 per litre

Kolkata: Petrol price: Rs 108.85 per litre, Diesel price: Rs 93.92 per litre

Bengaluru: Petrol price: Rs 104.78 per litre, Diesel price: Rs 89.02 per litre

Noida: Petrol price: Rs 99.48 per litre, Diesel price: Rs 91.11 per litre

Gurugram: Petrol price: Rs 99.87 per litre, Diesel price: Rs 91.20 per litre

Chandigarh: Petrol price: Rs 98.85 per litre, Diesel price: Rs 85.34 per litre

Hyderabad: Petrol price – Rs 112.71 per litre, Diesel price – Rs 99.07 per litre

Crude Oil prices slips

Crude oil prices slipped on Monday morning as fears of demand cool-down amid rising cases of covid-19 in China hit investors. Brent crude futures hit as low as $116 per barrel on Monday morning. U.S. West Texas Intermediate (WTI) crude futures were at a low of $109.98 a barrel.