In Mumbai, petrol can be purchased at Rs 106.31 per litre and diesel at Rs 94.27 per litre. Petrol in Kolkata is available at Rs 106.03 and diesel is Rs 92.76 per litre.
In other cities, in Chennai, the petrol price slightly eased to Rs 102.63 a litre and the diesel rate fell to Rs 94.24 a litre. In the national capital region, in Gurugram, petrol saw an increase in prices to Rs 97.18 litre, while diesel was selling at Rs 90.05. In Noida, the petrol price saw a slight downward trend at Rs 96.79 and the diesel rate was down at Rs 89.96.
In Chandigarh, petrol was selling at Rs 96.20 while diesel was at Rs 84.26 a litre. In Lucknow, petrol was at Rs 96.57 per litre, whereas the diesel rate was at Rs 89.76 a litre. In Agra, petrol was at Rs 96.20 per litre while diesel was at Rs 89.37 per litre.
The petrol and diesel rates for each day, whether new or unchanged, are announced at 6 am on the day. These, however, vary from state to state due to value-added tax (VAT), freight charges, local taxes, etc.
According to recent media reports, oil marketing companies, such as BPCL, HPCL and Indian Oil, are likely to reduce the prices of petrol and diesel. The reports said the companies have almost recovered their losses and are nearing normalcy as evident by their positive quarterly results.
The expectation is for the companies to lower the prices of petrol and diesel since they no longer face under-recoveries in these fuels.
| CITY | Petrol (Per Litre) | Diesel (Per Litre) |
| Bengaluru | Rs 101.94 | Rs 87.89 |
| Chandigarh | Rs 96.20 | Rs 84.26 |
| Chennai | Rs 102.63 | Rs 94.24 |
| Gurugram | Rs 97.18 | Rs 90.05 |
| Kolkata | Rs 106.03 | Rs 92.76 |
| Lucknow | Rs 96.57 | Rs 89.76 |
| Mumbai | Rs 106.31 | Rs 94.27 |
| New Delhi | Rs 96.72 | Rs 89.62 |
| Noida | Rs 96.79 | Rs 89.96 |
Globally, crude oil prices fell more than a dollar a barrel on Friday to record a second straight weekly decline, as disappointing Chinese data added to doubts about demand growth after Saudi Arabia’s weekend decision to cut output.
Brent crude futures fell $1.17, or 1.5 per cent, to settle at $74.79 a barrel, while the US West Texas Intermediate crude fell $1.12, or 1.6 per cent, to $70.17 a barrel.
Both benchmarks lost more than $3 on Thursday after a media report that a US-Iran nuclear deal was imminent and would result in more supply. Prices pared losses after both countries denied the report, ending about a dollar a barrel lower.
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