INSUBCONTINENT EXCLUSIVE:
A litre of petrol in Delhi will now cost Rs 97.81, while diesel will be sold at Rs 89.07.Petrol, Diesel Prices Today: Petrol and diesel
prices were increased again on Friday after a day's pause which was followed by two straight hikes
Fuel rates were hiked by Rs 2.40 per litre in a span of four days
A litre of petrol in Delhi will now cost Rs 97.81, while diesel will be sold at Rs 89.07, according to a price notification of state fuel
retailers.In Mumbai, petrol will be retailed at Rs 112.51 per litre, while diesel will be retailed at Rs 96.70 per litre
Among the metro cities, fuel rates are still the highest in Mumbai
The prices vary across the states due to VAT.The rates were held steady for over four months despite the spike in crude oil prices
The rate revision had ended on March 22.(Also Read: How To Check Latest Petrol And Diesel Rates In Your City).Here are the petrol and
diesel price across the metro cities:State-run oil refiners such as Indian Oil, Bharat Petroleum, and Hindustan Petroleum revise the fuel
rates on a daily basis, by taking into account the crude oil prices in the international markets, and the rupee-dollar exchange rates
Any changes in petrol and diesel prices are implemented with effect from 6 am every day.India is 85 per cent dependent on imports to meet
its oil needs and, the domestic petrol and diesel prices are linked to international rates. According to CRISIL Research, a hike of Rs
15-20 per litre is required to fully pass the increase in international oil prices.Globally, oil continued to slide a little, as the United
States and allies considered releasing more oil from storage to cool markets
Brent crude falling 0.22 per cent to $118.77 per barrel and U.S
crude down 0.5 per cent to $111.74 a barrel.
