Crescent Kashmir

Petrol, Diesel Prices Rise After Two-Day Pause

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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.

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