Petrol, diesel prices today: Petrol and diesel prices remained steady on Saturday, May 15, a day after being hiked across all metro cities. In Delhi, petrol is being sold at Rs 92.34 per litre, and diesel is priced at Rs 82.95 per litre, according to Indian Oil Corporation. Currently, petrol and diesel prices are highest in Mumbai. In Mumbai, petrol is being sold at Rs 98.65 per litre, and diesel is retailed at Rs 90.11 per litre, according to the state-run oil refiner. Petrol and diesel prices vary across states due to the value-added tax or VAT. (Also Read: How To Find Latest Petrol, Diesel Rates In Your City)
Below are the latest petrol and diesel prices across four metro cities:
|Source: Indian Oil|
The state-run oil marketing companies including Indian Oil Corporation (IOC), Bharat Petroleum, and Hindustan Petroleum align the rates of domestic fuel with the global crude oil prices by taking into account changes in the foreign exchange rates. Any changes in fuel prices are implemented with effect from 6 am every day.
Meanwhile, the rupee gained13 paise against the US dollar on Friday, May 14, to settle at 73.29 (provisional). Brent crude futures, the global oil benchmark, rose one per cent to $ 67.72 per barrel.