2 hrs ago
Fuel Prices Hold Steady as Crude Oil Tops $102
Fuel prices in India stayed mostly unchanged on October 2.
Petrol and diesel cost different amounts in different cities.
Hyderabad had the highest prices among the cities listed.
Delhi had lower prices than the other major cities shown.
The price of crude oil used to make fuel has risen.
India imports much of its crude oil, so changes in global prices can affect local fuel costs.
The value of the rupee against the dollar also matters.
City taxes, transport costs, and dealer commissions help explain why prices differ.
On October 2, petrol cost ₹102.12 per litre in Delhi and ₹111.21 in Mumbai.
Diesel prices were ₹95.20 per litre in Delhi and ₹97.83 in Mumbai.
Among listed cities, Hyderabad had the highest petrol and diesel prices at ₹116.15 and ₹104.23 per litre.
Brent crude stood at $102.50 per barrel, while WTI crude was priced at $92.94.
Retail fuel prices remained broadly stable despite rising crude costs, pressuring state refiners’ margins.
- Who
- Indian fuel consumers, state refiners, and oil-market participants are affected.
- What
- Petrol and diesel prices remained relatively stable across major Indian cities despite elevated crude oil prices.
- Where
- Major Indian cities including Delhi, Mumbai, Kolkata, Chennai, Bengaluru, and Hyderabad.
- When
- October 2; prices had also remained broadly stable over the preceding week.
- Why
- Global crude prices, the rupee-dollar exchange rate, state and central taxes, transportation costs, dealer commissions, and local demand affect domestic fuel prices.
Key facts
- Delhi petrol
- ₹102.12 per litre
- Delhi diesel
- ₹95.20 per litre
- Mumbai petrol
- ₹111.21 per litre
- Mumbai diesel
- ₹97.83 per litre
- Brent crude
- $102.50 per barrel on October 2
- WTI crude
- $92.94 per barrel on October 2
- Delhi-NCR rule
- The article states that petrol or CNG sales require a valid PUC from October 1.
Sources
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