Petrol and diesel prices today, Check latest rates in major cities

Petrol and diesel prices on Thursday witnessed a halt in changing rates following a two-day hike. On Wednesday the fuel rates were hiked by 80 paise per litre for a second day, since the Oil Marketing Companies (OMCs) started the increase in petroleum products after a gap of more than four months. Check latest Petrol and diesel prices in major cities.

Today, petrol price in Delhi stood at Rs 97.01 per litre while diesel rates have gone up to Rs 88.27 per litre, according to a price notification of state-owned fuel retailers. The cost of petrol in Mumbai is Rs 111.67 per litre, same as yesterday and the price of diesel is Rs 95.85 per litre.

As for Kolkata, petrol and diesel continue to have the same cost as yesterday with petrol at Rs 106.34 and diesel at Rs 91.42 and in Chennai the petrol price today is at Rs 102.91 and diesel at Rs 92.95 respectively. The price of petrol and diesel in Bengaluru on Thursday is at Rs 102.26 and Rs 86.58 respectively while in Gurugram it is Rs 97.50 for petrol and Rs 88.72 for diesel.

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The resumption of fuel price hikes has fanned concerns of stoking inflation. Amid concerns of supply shortage, the Union Minister for Petroleum and Natural Gas Hardeep Singh Puri in reply to a supplementary question in parliament, allayed fears of short supply of crude oil amid the Russia-Ukraine conflict. He also said that crude imports from Russia are miniscule at just 0.2% of total oil imports till January this fiscal.