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Petrol Rates Raised Again. See Rates


Petrol and Diesel Prices: Fuel rates are being raised across metro cities today

Petrol, Diesel Prices Today: Fuel prices were raised again on Saturday, March 26, 2022 across metro cities for the fourth time in the past five days. The increase is needed due to rising raw material costs, the oil marketing company said. Petrol and diesel prices were raised by 80 paise each in New Delhi.

Overall with today’s increase, petrol and diesel prices have increased by Rs 3.20 per liter in the last five days.

Petrol is currently priced at Rs 98.61 per liter in the capital, while diesel is sold at Rs 89.87 per liter.

In Mumbai, petrol prices were raised by 84 paise and now cost Rs 113.35 per liter. The price of diesel was also increased by 85 paise and is now priced at Rs 97.55 per liter there.

Fuel prices are the highest in Mumbai among the four metro cities.

Prior to the hike that began this week, fuel prices had been frozen since November 4, 2021 for a record 137 days. During this period, assembly elections were held in politically important states namely Uttar Pradesh, Punjab, Uttarakhand, Goa and even Manipur.

Also during this period, the price of crude oil increased by $ 30 per barrel, yet the price remained unchanged in the country.

Fuel prices were raised on March 22, more than 10 days after the results of the council election were announced on March 10.

(Also Read: How To Check The Latest Petrol And Diesel Rates In Your City).

Here are the prices of petrol and diesel in all metro cities:

Government-owned oil refiners such as Indian Oil, Bharat Petroleum and Hindustan Petroleum review fuel rates on a daily basis, taking into account the price of crude oil in the international market, and the rupee-dollar exchange rate. Any changes in petrol and diesel prices are implemented with effect from 6 am every day.

India is 85 per cent dependent on imports to meet its oil needs and, domestic petrol and diesel prices are linked to international rates.

Globally, Brent crude has risen 1.36 percent to $ 120.7 a barrel.

Agrasmartcity

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