Petrol, Diesel Rates Hiked Again, Day After Record Pump Prices
Petrol, Diesel Price Today: Petrol and diesel prices continued to rise on Friday, October 15, following a surge in global crude oil rates. In the national capital, petrol and diesel rates jumped 35 paise to cost ₹ 105.14 and ₹ 93.87 per litre respectively, according to Indian Oil Corporation. The rates were last increased by 35 paise on Thursday.
In Mumbai, petrol price moved 34 paise higher to cost ₹ 111.09 per litre, while diesel rates surged 38 paise to cost ₹ 101.78 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 | 105.14 | 93.87 |
| Mumbai | 111.09 | 101.78 |
| Chennai | 102.40 | 98.26 |
| Kolkata | 105.77 | 96.98 |
| 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 0.58% to $84.50 per barrel, approaching a three-year high hit on Monday.
