Petrol price in India today: Marginal rise recorded; check rates in Delhi, Mumbai, Bengaluru, more
Petrol price in India today: Tracking the global crude oil performance comes as an important factor for calculating final retail prices of petrol in various major state capitals in India.
Petrol prices saw gradual increase in their product by 1 paisa per litre in various state capital of India, if compared with previous day prices. The state-owned Oil Companies have been reluctant in reducing down the price of this fuel product, as it has been hovering near three-year high for quite some time now. Also it needs to be noted that, global crude prices eased after ending last week with a solid bounce. Petrol prices in India have been on mixed bag since the start of 2018, as oil companies like Hindustan Petroleum Corp Limited (HPCL), Indian Oil Corp (IOCL) and Bharat Petroleum Corp Limited (BPCL) decide the final retail petrol price by taking in to consideration the international crude basket, plus state's Value Added Tax (VAT) and government's excise duty.
Petrol price in New Delhi today: It was priced at Rs 72.20 per litre on Monday, up by 1 paisa compared to Rs 72.19 per litre of previous day.
Petrol price in Kolkata today: Similarly, Kolkata also rise of 1 paisa in petrol prices to Rs 75.94 per litre as against previous day price of Rs 75.93 per litre.
Petrol price in Mumbai today: Petrol has remained four-year high in this city since start of 2018, and Tuesday,was no different, however, the product's value was unchanged at Rs 80.07 per litre.
Petrol price in Chennai today: Just like above three mentioned cities, Chennai also saw 1 paisa hike in petrol and was valued at Rs 74.87 per litre versus previous day price of Rs 74.86 per litre.
On March 18, petrol prices were cut by 1 paisa each per litre, however, with the current valuation, they are once again brought back to their previous level.
Petrol price in other state capitals today: Petrol prices in Bengaluru stood at Rs 73.33 per litre, in Bhopal at Rs 77.86 per litre, Bhubaneswar at Rs 71.05 per litre, Chandigarh at Rs 69.44 per litre, Dehradun at Rs 74.42 per litre, Gandhinagar at Rs 71.69 per litre, Hyderabad at Rs 76.46 per litre, Jaipur at Rs 75.03 per litre, Lucknow at Rs 73.92 per litre, Patna at Rs 77.72 per litre, Raipur at Rs 72.68 per litre and Srinagar at Rs 76.63 per litre.
U.S. crude fell 0.5% to settle at $62.06 per barrel and Brent settled at $66.05, down 0.24% on the day.