New Delhi: Crude oil prices in the global market have been witnessing fluctuations recently. Prices have started rising again, a trend expected to impact petrol and diesel rates. On Thursday, crude oil was trading at around $92 per barrel in the international market. According to the latest updates, Brent crude futures rose by 0.29 to stand at $91.88 per barrel. Consequently, people in India are keeping a close watch on petrol and diesel prices. Remarkably, despite crude oil prices soaring in the global market, there has been no change in petrol and diesel prices in India. If you plan to refuel your car or bike, you can check the city-specific price per litre beforehand to clear up any confusion.
Check petrol prices in these major cities.
In the national capital, New Delhi, the price of petrol is recorded at ₹102.12 per litre. Meanwhile, in Mumbai (Maharashtra), the rate is trending at ₹111.12 per litre, and in Chennai (Tamil Nadu), it is recorded at ₹107.75 per litre. In Hyderabad (Telangana), the petrol price is recorded at ₹115.69 per litre, while in Bengaluru (Karnataka), it stands at ₹110.93 per litre.
Check diesel prices here (as of August 20)
In Delhi, the price of diesel is recorded at ₹95.20 per litre. In Kolkata (West Bengal), the rate is ₹99.78 per litre. In Mumbai, the price is ₹97.78 per litre, and in Chennai, it is ₹99.57 per litre. In Hyderabad, the price of diesel is hovering around ₹103.82 per litre, while in Bengaluru, it is around ₹98.79 per litre.
Find out why crude oil prices are rising.
Escalating tensions in West Asia have raised concerns. On Wednesday, oil prices saw an increase of over 1%. Currently, there appears to be no path toward peace between the US and Iran, a situation that could lead to further deterioration. Iran continues to maintain a blockade at the Strait of Hormuz, completely halting the movement of ships.
Daily release of petrol and diesel rates
Indian petroleum companies release rates daily at 6 AM. These companies determine petrol and diesel prices by factoring in trends from both global and domestic markets. You can check the official websites to find the current prices of petrol and diesel.
Check LPG rates as well.
In Delhi, the price of a domestic cylinder is ₹942.00, while a commercial cylinder is available for ₹2,728.00. In Mumbai, the rate for a domestic cylinder is set at ₹941.50 and for a commercial cylinder at ₹2,691.50. In Noida, a domestic cylinder can be purchased for ₹939.50 and a commercial one for ₹2,738.00. In Gurugram, the price of a domestic cylinder is recorded at ₹950.50 and a commercial one at ₹2,755.00. In Chennai, the domestic cylinder costs ₹957.50 and the commercial cylinder ₹2,906.00; in Bengaluru, the price of domestic LPG is ₹944.50 and commercial LPG is ₹2,821.00.
