On April 27, after being stable since April 6, petrol and diesel prices remained constant for the 21st day in a row by oil marketing corporations (OMC). Petrol is now priced at Rs 105.41 per litre in the National Capital, while diesel is priced at Rs 96.67. In Mumbai, a litre of petrol costs Rs 120.51 and a litre of diesel costs Rs 104.77. The prices of petrol and diesel in Kolkata have remained steady at Rs 115.12 and Rs 99.83, respectively. In Chennai, a litre of petrol costs Rs 110.85, while a litre of diesel costs Rs 100.94. Petrol will cost Rs 111.09 per litre in Bangalore today, while diesel will cost Rs 94.79.

Petrol will cost Rs 112.50 a litre in Bhubaneswar today, while diesel will cost Rs 102.24. Petrol and diesel prices in Chandigarh have remained steady at Rs 104.74 and Rs 90.83 per litre, respectively. Petrol will cost Rs 119.49 per litre in Hyderabad today, while diesel will cost Rs 105.49 per litre. Petrol and diesel prices in Jaipur have remained unchanged at Rs 118.03 and Rs 100.92 per litre, respectively.
Crude oil prices in the international market climbed slightly higher on Wednesday, with Brent crude trading at $105.09 per barrel and U.S. West Texas Intermediate (WTI) crude trading at $102.5 per barrel at the time of writing this report. Analysts expect crude oil prices to remain volatile due to growing concerns about the global energy demand, COVID-19 lockdowns in Shanghai and possible Fed rate hikes to combat inflation but may stand as a source of concern for global economic stability.
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