Today crude oil prices surged marginally as fuel prices in India continue to remain constant for over 2 months thus giving immense relief to citizens.
Today crude oil prices surged marginally as fuel prices in India continue to remain constant for over 2 months thus giving immense relief to citizens. The price of WTI crude is $ 98.57 per barrel with a rise of 1.35% while the price of Brent Crude is hovering around $107.6 per barrel with a surge of 0.95%.

In India the Oil Marketing Companies sought to keep the fuel prices unchanged on Thursday, July 28, 2022. When it comes to the prices of fuel in India, petrol is selling at Rs 96.72 per litre while the diesel price is recorded at Rs 89.62 per litre in Delhi. In Mumbai, the price of one litre of petrol is recorded at Rs 106.31 per litre and diesel price is available at Rs 94.27 per litre.
Prices of both the fuel petrol and diesel have been same ever since finance minister Nirmala Sitharaman declared a cut in excise duty on petrol and diesel. Nirmala Sitharaman declared an excuse duty cut on petrol by Rs 8 per litre and Rs 6 per litre on diesel earlier this year on May 21.
The prices of petrol and diesel does not remain same in al the states because of implementation of local taxes such as VAT and freight charges.
The public sector oil marketing companies that may include Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) revise prices of fuel everyday keeping in line with benchmark global prices and foreign exchange rates. If any changes in the prices of petrol and diesel occur, it is implemented at 6 AM everyday.
Below are the price of petrol and diesel in these cities:
Chennai: Petrol price: Rs 102.63/litre, Diesel price: Rs 94.24/litre
Bengaluru: Petrol price: Rs 101.94/litre, Diesel price: Rs 87.89/litre
Lucknow: Petrol: Rs 96.57/litre, Diesel: Rs 89.76/litre
Noida: Petrol: Rs 96.57/litre, Diesel: Rs 89.96/litre
Gurugram: Petrol: Rs 97.18/litre, Diesel: Rs 90.05/litre
Chandigarh: Petrol: Rs 96.20/litre, Diesel: Rs 84.26/litre
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