Mumbai’s petrol cost is the highest across major cities today at Rs 97.40 per litre while Diesel in the country’s financial capital costs Rs 88.42 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 92.25 per litre; Diesel prices – Rs 86.29 per litre
- Kolkata: Petrol prices – Rs 91.18 per litre; Diesel prices – Rs 84.18 per litre
- Pune: Petrol prices – Rs 97.04 per litre; Diesel prices – Rs 86.72 per litre
- Bengaluru: Petrol prices – Rs 94.04 per litre; Diesel prices – Rs 86.21 per litre
- Hyderabad: Petrol prices – Rs 94.61 per litre; Diesel prices – Rs 88.67 per litre
- Noida (UP): Petrol prices – 89.24 per litre; Diesel prices – Rs 81.76 per litre
- Mohali (Punjab): Petrol prices – Rs 92.87 per litre; Diesel prices – 83.86 per litre
- Chandigarh: Petrol prices 87.56 per litre; Diesel prices – Rs 81.00 per litre
- Gurugram (Haryana): Petrol prices – Rs 88.94 per litre; Diesel prices – Rs 81.88 per litre
Crude Oil moves lower
Crude oil prices were down on Wednesday. WTI Crude was down to $57.56 a barrel while Brent Crude price for May was at $60.62 per barrel. News reports claim the prices were volatile owing to blockage in the Suez Canal. “It is perhaps too early to start speculating about the outcome of next week’s OPEC meeting. Still, the weakness in oil this week seems to have validated the cautious view expressed by Saudi Arabia at the last meeting. It increases the probability of yet another rollover of current production levels,” said Stephen Innes, Chief Global Market Strategist at Axi.
