New Delhi: Crude oil prices in the global market have been fluctuating for some time, making the likelihood of a drop in petrol and diesel prices in India quite low. In India, petrol prices have crossed the ₹100 mark, while diesel is also selling at around ₹100 per liter. There was no change in petrol and diesel prices on Wednesday.
In other words, fuel prices in India remained stable. If you are planning to fill up your vehicle’s tank, there is no need to worry. We are providing city-wise details on petrol and diesel prices to clear up any confusion you might have; you can check the rates for specific cities here.
Check Crude Oil Prices
Amidst the fluctuations in the global market, crude oil prices are currently on an upward trend. Rising political tensions between the US and Iran, along with attacks on oil tankers near the Strait of Hormuz, have once again cast a shadow of uncertainty over energy supplies. Consequently, crude oil prices have neared the $100 per barrel mark. Today, Brent crude oil is trading in the range of $99.29 to $99.40 per barrel.
Check Petrol and Diesel Rates in These Cities
In the national capital, New Delhi, petrol is priced at ₹102.12 per liter, while diesel is at ₹95.20 per liter. In Mumbai, the capital of Maharashtra, petrol is selling at ₹111.31 per liter, and diesel is trending at ₹97.97 per liter.
In Kolkata, the capital of West Bengal, petrol is priced at ₹113.51 per liter, while diesel is selling at ₹99.82 per liter. In Chennai, the capital of Tamil Nadu, the price of petrol stands at ₹107.78 per litre, while diesel is priced at ₹99.56 per litre. In Gurugram, petrol is being sold at ₹102.97 per litre, and the price of diesel is ₹95.94 per litre.
In Patna, the capital of Bihar, petrol is priced at ₹113.35 per litre, while diesel is trading at ₹99.36 per litre. In Ranchi, the capital of Jharkhand, petrol costs ₹106.12 per litre, and diesel is priced at ₹100.49 per litre.
Why are crude oil prices rising?
Tensions in the Middle East have reached a critical level. On one hand, there is a standoff between the US and Iran. Mutual attacks on oil tankers near the Strait of Hormuz have created an atmosphere of chaos in the global oil market, fueling fears of supply disruptions and oil shortages. Consequently, crude oil prices are witnessing an upward trend in the global market.
