Another hike in petrol and diesel prices; check the rates in your city
Relief continues to evade the common man with regard to fuel prices as oil marketing companies once again hiked the rates of petrol and diesel by another 35 paise.
FollowRelief continues to evade the common man with regard to fuel prices as oil marketing companies once again hiked the rates of petrol and diesel by another 35 paise.
The latest round of price revision means that a litre of petrol in the national capital New Delhi went up to Rs 106.19 while the diesel is available at Rs 94.92 per litre. In Mumbai, the diesel rates have been hiked by 37 paise and now costs Rs 102 a litre. A litre of petrol in India's financial capital stands at Rs 112.11.
Let us take a look at today's fuel rates in other cities
Bangaluru (per litre)
Petrol: Rs 109.89
Diesel: Rs 100.75
Chennai (per litre)
Petrol: Rs 103.31
Diesel: Rs 99.26
Thiruvananthapuram (per litre)
Petrol: Rs 108.44
Diesel: Rs 102.03
Kolkata (per litre)
Petrol: Rs 106.77
Diesel: Rs 98.03
Hyderabad (per litre)
Petrol: Rs 110.46
Diesel: Rs 103.56
Guwahati (per litre)
Petrol: Rs 102.16
Diesel: Rs 94.65
Lucknow (per litre)
Petrol: Rs 103.18
Diesel: Rs 95.37
Gandhinagar (per litre)
Petrol: Rs 103.11
Diesel: Rs 102.52
The fuel rates are revised by oil marketing companies on a daily basis. The fact that India imports 85 per cent of its fuel demand, any surge in cost per barrel has a direct bearing on the prices in India. Indian Oil, Bharat Petroleum and Hindustan Petroleum announce the revised prices at 6 am every day. The fuel costs vary from state to state because of local and value-added taxes.
As on October 20, the Brent crude was trading at $84.53 per barrel, which is lower than the $84.84 per barrel it was trading at four days ago. Oil marketing companies have been passing on to the people the bulk of the cost burden on account of fluctuations in the international benchmark Brent crude.
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