In Delhi, petrol price today stands at Rs 96.72 per litre and diesel costs Rs 89.62 per litre. Petrol price in Mumbai is Rs 106.31 per litre, while diesel is priced at Rs 94.27 per litre. In Chennai, petrol price is Rs 102.63 per litre and diesel price is Rs 94.24 per litre. Customers have to shell out Rs 106.03 per litre for petrol and Rs 92.76 per litre for diesel in Kolkata.
Retail petrol and diesel prices vary from state to state depending on the local taxes such as VAT or freight charges.
On Wednesday, crude oil prices slid by 1% as the U.S dollar soared and India’s gasoline demand has decreased due to the possible global recession. Brent futures fell 57 cents, or 0.6%, to trade at $90.05 a barrel, while U.S. West Texas Intermediate (WTI) crude fell 66 cents, or 0.8%, to trade at $83.28 per barrel.