Petrol, diesel prices kept unchanged after two straight hikes. See Rates

A liter of petrol in Delhi will now cost Rs 97.01, while diesel will be sold at Rs 88.27.

Petrol, Diesel Prices Today: Petrol and diesel prices remained unchanged on Thursday after two straight rises. A liter of petrol in Delhi will now cost Rs 97.01, while diesel will be sold at Rs 88.27, according to a price announcement from state fuel retailers.

In Mumbai petrol will be sold at Rs 111.67 per liter, while diesel will be sold at Rs 95.85 per liter. Among the metro cities, fuel tariffs are still the highest in Mumbai. Fuel prices differ across states due to VAT.

Tariffs have been stable for more than four months despite rising crude oil prices. The rate review ended yesterday (March 22) with a similar increase.

(Also Read: How to check the latest petrol and diesel tariffs in your city).

Here are the petrol and diesel prices in the metro cities:

State-owned oil refineries such as Indian Oil, Bharat Petroleum and Hindustan Petroleum review fuel tariffs on a daily basis by considering crude oil prices in international markets and the rupee-dollar exchange rates. Any changes in petrol and diesel prices will take effect every day from 06:00.

India is 85 percent dependent on imports to meet its oil needs, and local petrol and diesel prices are linked to international tariffs.

According to CRISIL Research, an increase of Rs 15-20 per liter is needed to fully pass the rise in international oil prices.

Globally, Brent futures rose about 45 cents, or 0.4 percent, to $ 122.05 a barrel, and U.S. West Texas Intermediate futures rose about 15 cents, or 0.2 percent, to $ 115.07 a barrel.

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