Petrol prices were held steady at existing levels on Saturday. In Delhi, the price of petrol remained at Rs 81.94 per litre and diesel at Rs 73.56 per litre, according to notifications from Indian Oil Corporation. In Mumbai, the rates of petrol and diesel were at Rs 88.58 per litre and Rs 80.11 per litre respectively. Currently, state-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum, which account for the majority of fuel stations in the country, review petrol and diesel rates on a daily basis, and implement any revisions with effect from 6 am every day.
The prices of petrol have been increased on 12 out of 14 days in Delhi. The price of petrol has been increased by a cumulative Rs 1.51 per litre in the national capital during this period. (Also Read: How To Find Latest Petrol, Diesel Rates In Your City).
Here are the latest prices of petrol and diesel (in rupees per litre) in the four metros on August 29:
|Source: Indian Oil|
Currently, petrol and diesel prices vary in different parts of the country due to factors such as crude oil and foreign exchange rates, and local taxes.
On Friday, the rupee gained by 56 paise to end at a nearly six-month high of 73.40 against the dollar, whereas Brent crude - the global benchmark for crude oil - climbed up 0.46 per cent to settle at $45.81 per barrel.