Petrol, Diesel Rates Touch New Highs, Petrol Touches Rs 104-Mark In Mumbai

Petrol, Diesel Price Today: Petrol and diesel prices were hiked across the four metro cities on Saturday, June 26, according to data by the Indian Oil Corporation (IOC). In the national capital, petrol prices were hiked by 35 paise from Rs 97.76 to Rs 98.11 per litre. Diesel rates also increased by 35 paise from Rs 88.30 to Rs 88.65 per litre. In Mumbai, petrol prices crossed the Rs 104-mark, as rates were hiked by 33 paise from Rs 103.89 to Rs 104.22 per litre today. Diesel rates in Mumbai also increased by 37 paise from Rs 95.79 to Rs 96.16 per litre.

Petrol, diesel rates have been hiked 14 times this month. Currently, fuel rates are the highest in Mumbai, according to the state-run oil refiner. Fuel rates increased in Chennai and Kolkata too, varying across the states in India due to value-added tax. (Also Read: How To Check Latest Petrol And Diesel Rates In Your City)

Here are the latest petrol and diesel prices across the four metro cities:

The state-run oil marketing companies - Indian Oil, Bharat Petroleum, and Hindustan Petroleum align the rates of domestic fuel with that of the global crude oil prices by taking into account any changes in the foreign exchange rates. Any changes in fuel prices are implemented with effect from 6 am every day. 

Meanwhile, on Friday, June 25, Brent crude futures, the global oil benchmark, declined 0.34 per cent to $ 75.30 per barrel. The rupee snapped its two-day winning streak and weakened by two paise to settle at 74.20 against the dollar.