Petrol, Diesel prices April 3
City Petrol Price (₹/litre) Diesel Price (₹/litre)
Delhi 94.77 87.67
Mumbai 103.49 89.97
Kolkata 104.95 91.76
Chennai 100.80 92.39
Bengaluru 102.92 88.99
Noida 94.87 88.01
Gurugram 95.24 88.09
Ghaziabad 94.69 87.80
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Pakistan hikes fuel prices
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Petrol and diesel prices across major Indian cities like Delhi, Mumbai, Kolkata, and Chennai have remained stable today amid the ongoing West Asia crisis. The fuel rates have remained unchanged despite tensions in the Middle East escalating Friday, sending oil prices soaring as US strikes on Iran intensified. Brent crude climbed 7.8% to $109.03 per barrel, fuelling sharp concerns. State-run oil marketing companies, including Indian Oil Corporation Ltd and Bharat Petroleum Corporation Ltd, have hiked the price of industrial diesel by Rs 28.22 per litre, a 25% increase, to Rs 137.81 per litre.Petrol costs Rs 94.77 per litre in Delhi and the diesel is priced at Rs 87.67 per litre. Rates are comparatively higher in Mumbai, the financial capital of India, where petrol is being sold at Rs 103.50 per litre and diesel at about Rs 90.01 per litre. State-run oil marketing companies (OMCs) are incurring steep under-recoveries of ₹24.40 per litre on petrol and ₹104.99 per litre on diesel at current retail selling prices, the government has said.The Ministry of Petroleum and Natural Gas said that retail prices of regular petrol and diesel remain unchanged, even as international crude and petroleum product prices have risen sharply over the past month. If fully passed through, petrol could near ₹120/litre and diesel could approach ₹190/litre, reflecting the extent of price suppression currently borne by OMCs. Premium petrol prices, specifically Indian Oil’s XP100 (100-octane), have been hiked today by ₹11 per litre, from ₹149 to ₹160 per litre.Pakistan's government on Thursday drastically raised fuel prices in response to spiking global energy prices caused by the Iran war, the country's petroleum minister said in a press conference. The new prices mark an increase of 42.7 percent in petrol prices and 54.9 percent in the price of diesel."The decision made today is that as per international markets, after the increase in the petrol prices the new price will be 458.40 rupees ($1.64 per litre) which will be effective from tomorrow (Friday)," said the minister, Ali Pervaiz Malik.(With inputs from agencies)