Petrol, Diesel Prices Rise After Two-Day Pause
Petrol, Diesel Price Today: Petrol and diesel prices were hiked on Thursday, October 14, after a pause of two straight days. In the national capital, petrol and diesel rates jumped 35 paise to cost ₹ 104.79 and ₹ 93.52 per litre respectively, according to Indian Oil Corporation. Prior to this, the rate were last revised on Monday.
In Mumbai, petrol price moved 34 paise higher to cost ₹ 110.75 per litre, while diesel rates surged 37 paise to cost ₹ 101.40 per litre. Among the four metro cities, fuel rates are the highest in Mumbai, according to the state-run oil refiner. The rates vary across the states due to value-added tax or VAT.
Here are the petrol and diesel price across the metro cities:
| City | Petrol | Diesel |
|---|---|---|
| Delhi | 104.79 | 93.52 |
| Mumbai | 110.75 | 101.40 |
| Chennai | 102.10 | 97.93 |
| Kolkata | 105.44 | 96.63 |
| Source: Indian Oil | ||
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.
Globally, Brent crude rose 0.12% to $83.28 a barrel, while U.S. crude moved 1.69% higher to $80.69.
