
Petrol, diesel prices may surge ₹25–28 per litre after elections amid rising crude oil prices and mounting pressure on oil marketing companies.
Petrol and diesel prices remained unchanged across India on April 19, despite continued uncertainty in global crude oil markets. Rising tensions in West Asia and disruptions in important shipping routes have kept international energy markets under close watch, but domestic fuel rates have not seen any revision for now.
The stability in fuel prices comes at a time when political attention remains high in several states, making any immediate changes in retail rates unlikely.
In the national capital, petrol continues to be sold at Rs 94.77 per litre, while diesel remains at Rs 87.67 per litre. Mumbai continues to record some of the highest rates among metros, with petrol priced at Rs 103.54 per litre and diesel at Rs 90.03 per litre.
Delhi: Petrol Rs 94.77 | Diesel Rs 87.67
Hyderabad: Petrol Rs 107.46 | Diesel Rs 95.70
Kolkata: Petrol Rs 105.41 | Diesel Rs 92.02
Mumbai: Petrol Rs 103.54 | Diesel Rs 90.03
Bengaluru: Petrol Rs 102.92 | Diesel Rs 90.99
Chennai: Petrol Rs 100.84 | Diesel Rs 92.39
In cities such as Hyderabad, Kolkata, and Bengaluru, petrol prices continue to stay above the Rs 100 mark, while diesel remains below Rs 100 in all major metros listed.
Retail fuel prices in India are largely influenced by international crude oil prices, as crude remains the primary raw material used to produce petrol and diesel. Any movement in global oil benchmarks directly impacts domestic pricing.
Another major factor is the rupee-dollar exchange rate. Since India imports a significant portion of its crude requirement, a weaker rupee makes imports costlier, often leading to higher pump prices.
Taxes imposed by both the Centre and state governments also form a substantial share of the final price paid by consumers.
Fuel prices differ across cities mainly because of varying state taxes and local levies. Value-added tax (VAT) differs from one state to another, which directly affects retail prices.
Apart from taxation, transportation and freight costs, dealer commissions, and regional demand-supply conditions also contribute to the difference in rates seen across cities.
While prices remain steady for now, global crude trends and currency movement will continue to be key factors influencing any future revision.
From Kanpur to Global, RSPL Group Celebrates 50 Years, Contributing to India’s Growth Story
Unveils a short film marking the journey of visionary growth in India Gurugram (Haryana) [India], June 4: India’s leading…
Television actress and YouTuber Sambhavna Seth and her husband Avinash Dwivedi have welcomed twins a…
Meet Rylen Anil: Teen Who Exposed JEE Portal Flaw
Rylen Anil, a 16-year-old Dubai-based cybersecurity researcher, identified vulnerabilities in NEET and JEE Advanced systems…