The state-run oil marketing companies (OMCs) on Sunday hiked fuel prices for the fourth consecutive day. With the latest price, petrol and diesel prices have touched new all-time highs across the country. Petrol prices in Delhi stand at ₹ 102.39 per litre, witnessing a hike of 25 paise, while diesel rates went up by 30 paise, currently standing at ₹ 90.77 per litre. At the same time, in Mumbai, petrol has reached an all-time high of ₹ 108.43 per litre, while diesel prices have touched ₹ 98.48 per litre, witnessing a price hike of 24 paise and 32 paise, respectively.
Here are the petrol and diesel prices across five major metros on October 3, 2021:
|Delhi||₹ 102.39||₹ 90.77|
|Mumbai||₹ 108.43||₹ 98.48|
|Chennai||₹ 100.01||₹ 95.31|
|Kolkata||₹ 103.07||₹ 93.87|
|Bengaluru||₹ 105.95||₹ 96.34|
As for other metro cities, petrol prices in Kolkata today have gone up to ₹ 103.07 per litre, a hike of 30 paise, while diesel prices have touched ₹ 93.87 per litre after receiving a hike of 30 paise. Chennai, on the other hand, saw a 21 paise hike in petrol prices, reaching ₹ 100.01 per litre mark, while diesel rates went up by 29 paise, at ₹ 95.31 per litre. In Bengaluru, petrol prices jumped to ₹ 105.95 per litre after a hike of 26 paise, while diesel has become expensive by 32 paise at ₹ 96.34 per litre.
Fuel rates are the most expensive in Sri Ganganagar district of Rajasthan where petrol currently stands at ₹ 114.34 per litre, while diesel stands at ₹ 104.64 a litre. In Madhya Pradesh’s Rewa and Anuppur districts, petrol prices have reached ₹ 113.30 a litre and ₹ 113.70 a litre, while diesel rates have touched ₹ 101.97 a litre and ₹ 102.34 a litre, respectively. Customers in Maharashtra’s Parbhani district will now have to pay ₹ 110.99 a litre and ₹ 99.44 a litre for petrol and diesel, respectively.
Indian Oil Corporation, Bharat Petroleum, and Hindustan Petroleum are the three leading oil marketing companies. Changes in fuel prices are implemented at 6 am every day. The prices are determined as per global benchmarks of crude oil rates, and by making changes in the foreign exchange rates into account. The fuel rates vary from state to state in the country due to the value-added tax or VAT.