Petrol and diesel price today: Fourth successive price hike sends fuel rates in Delhi, Mumbai to record highs

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Updated: October 08, 2021 8:39 AM

Petrol and Diesel Price Today in India: Petrol and Diesel Rate on October 8 were hiked for the fourth consecutive day, taking prices in Delhi, Mumbai to all-time highs.

Petrol and Diesel Price in India, Petrol and Diesel Rate Today in IndiaSo far this month, fuel rates have increased 6 times. (Image: REUTERS)

Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Price of petrol and diesel were hiked by oil marketing companies for the fourth consecutive day on Thursday, taking fuel rates to record highs as crude oil prices jump. Petrol in the national capital today costs Rs 103.54 per litre, up 30 paise since yesterday while diesel in the capital city is retailing at Rs 92.12 per litre, an increase of 35 paise. Petrol and diesel rates have increased 6 times so far in October. 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.

Mumbai’s petrol cost is still the highest across metro cities, standing at a staggering Rs 109.54 per litre. Diesel in the country’s financial capital costs Rs 99.92 per litre. The divergence in prices between Delhi and Mumbai is due to various local VAT charges in different cities. Petrol and Diesel prices are fixed on the basis of freight charges, local taxes, and VAT. Petrol has crossed the Rs 100-a-litre mark in Delhi, Rajasthan, Madhya Pradesh, Maharashtra, Andhra Pradesh, Telangana, Karnataka, Jammu and Kashmir, Odisha, Tamil Nadu, Ladakh, and some cities of Bihar and Punjab.

Petrol, diesel prices in Chennai, Kolkata, Bengaluru, Hyderabad, UP, Punjab, Haryana, Pune

-Chennai: Petrol prices – Rs 101.01 per litre; Diesel prices – Rs 96.60 per litre
-Kolkata: Petrol prices – Rs 104.23 per litre; Diesel prices – Rs 95.23 per litre
-Pune: Petrol prices – Rs 109.09 per litre; Diesel prices – Rs 97.94 per litre
-Bengaluru: Petrol prices – Rs 107.14 per litre; Diesel prices – Rs 97.77 per litre
-Hyderabad: Petrol prices – Rs 107.71 per litre; Diesel prices – Rs 100.51 per litre
-Noida (UP): Petrol prices – 100.82 per litre; Diesel prices – Rs 92.74 per litre
-Mohali (Punjab): Petrol prices – Rs 105.69 per litre; Diesel prices – 95.24 per litre
-Chandigarh: Petrol prices Rs 99.67 per litre; Diesel prices – Rs 91.85 per litre
-Gurugram (Haryana): Petrol prices – Rs 101.24 per litre; Diesel prices – Rs 92.85 per litre

Crude Oil price

Crude oil prices soared higher on Friday, heading towards massive weekly gains. According to Reuters, Brent crude futures were trading at $82.75 per barrel. U.S. West Texas Intermediate futures were at $79.14 a barrel.

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