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Petrol, diesel prices hit record highs on Saturday. Check Latest Rates Here

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Petrol and Diesel Price: Fuel rates hiked in metro cities today

Petrol, Diesel Price Today: Petrol and diesel prices touched new record highs on Saturday, October 23, as rates were hiked for the fourth consecutive day. According to Indian Oil Corporation, in the national capital, petrol prices increased by 35 paise from Rs 106.89 per liter to Rs 107.24 per liter, while diesel prices also increased by 35 paise from Rs 95.62 to Rs 95.97 per liter. was increased.

Petrol is now 35.3 percent more than the price at which aviation turbine fuel (ATF or jet fuel) is sold to airlines. The ATF price in Delhi is Rs 79,020.16 per kiloliter or roughly Rs 79 per litre.

In Mumbai, the price of petrol rose by 34 paise to Rs 113.12 per litre, and diesel is currently being sold at Rs 104 per litre. Of the four metro cities, Mumbai has the highest fuel rates, according to state-run oil refiners. Fuel rates vary from state to state due to Value Added Tax. (Too Reading: How to check latest petrol and diesel rates in your city).

Petrol and diesel prices in metro cities are as follows:

State-run oil refiners like Indian Oil, Bharat Petroleum and Hindustan Petroleum revise fuel rates on a daily basis, taking into account crude oil prices and rupee-dollar exchange rates in international markets. Any change in the prices of petrol and diesel is effective from 6 am every day.

On Friday, October 22, global oil benchmark Brent crude futures rose 0.43 per cent to $84.97 per barrel. The rupee yesterday closed three paise lower at 74.90 against the US dollar, tracking a muted trend in domestic equities.

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