According to the latest price notification issued by fuel retailers, petrol and diesel prices remained stable in major metro cities on March 9.
Petrol and diesel price in Delhi is Rs.96.72 per liter and diesel price is Rs.89.62 per liter. Petrol price in Mumbai is Rs 106.31 and diesel is Rs 94.27. In Chennai, petrol price is Rs.102.63 and diesel price is Rs.94.24, while in Kolkata, petrol price is Rs.106.03 and diesel price is Rs.92.76.
Bengaluru: Petrol price: per liter Rs. 101.94, Diesel Price : Rs. 87.89
Lucknow: Petrol Price: Rs. 96.57, Diesel Price: Rs. 89.76
Noida: Petrol Price: Rs. 96.79, Diesel Price: Rs. 89.96
Gurugram: Petrol Price: Rs. 97.18, Diesel Price: Rs. 90.05
Chandigarh: Petrol Price: Rs. 96.20, Diesel Price: Rs. 84.26
Oil prices were mostly steady on Thursday. US crude is at $76.66 a barrel. Brent crude was largely unchanged at $82.67 a barrel.
Moscow’s supplies currently account for 35 percent of India’s total oil imports, down from less than 1 percent before the Ukraine war, according to data provided by consultancy Vortexa. These record levels are almost at par with India’s imports from Iraq (940,000 bpd) and Saudi Arabia (648,000 bpd).
The main reason for the increase in Russian crude oil exports to India is the huge discounts Moscow offers on its crude.
Public sector oil marketing companies (OMCs) including Bharat Petroleum Corporation Limited (BPCL), Indian Oil Corporation Limited (IOCL) and Hindustan Petroleum Corporation Limited (HPCL) revise prices daily in line with international benchmark prices and forex rates.
