In India, the prices of petrol and diesel in several metro areas have remained steady today. Petrol prices in cities such as New Delhi, Kolkata, Mumbai, Chennai, and Bangalore will remain constant today. The current petrol price in New Delhi is Rs 95.41, while the diesel price is Rs 86.67. The current petrol price in Kolkata is Rs 104.67, while the diesel price is Rs 89.79. The petrol price in Mumbai is currently Rs 109.98, while the diesel price is Rs 94.14. The current diesel price in Chennai is Rs 91.43, while the current petrol price is Rs 101.40. In Bangalore, the current petrol price is Rs 100.58, while the current diesel price is Rs 85.01.
The price of petrol in Gurgaon has just slightly increased from Rs 95.52 yesterday to Rs 95.59 today. Fuel customers in Noida will see a little hike in the price of petrol today, from Rs 95.64 to Rs 95.73. In Bhubaneswar, the price of petrol has dropped from Rs 102.27 yesterday to Rs 101.81 today. In Jaipur, however, the price of petrol has dropped from Rs 108.07 yesterday to Rs 107.06 today. Petrol prices in Patna have fallen somewhat today, from Rs 106.44 yesterday to Rs 105.90 today.
The worldwide rise in crude oil prices caused by the geopolitical situation between Russia and Ukraine is likely to push up India’s domestic petrol and diesel rates. As the assembly elections in Punjab, Goa, Uttrakhand, Manipur, and Uttar Pradesh came to a close, it is expected that the Oil Marketing Companies (OMC) would modify or raise the price of petrol and diesel. Crude oil prices have reached a record high in global markets, which may lead to fuel price increases in the domestic market. However, the government may execute an excise tax drop to balance the fuel predicament in the economy.
