Petrol, diesel prices in Delhi, Mumbai, Bengaluru, Chennai, Kolkata, Hyderabad and other cities
Fuel prices are revised by public sector OMC such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL) and Hindustan Petroleum Corporation Ltd (HPCL) on a regular basis according to international benchmark prices and foreign exchange rates. Retail petrol and diesel prices differ from state to state because of local taxes like VAT or freight charges.
Crude oil price
On Wednesday, crude oil prices increased after US data showed a sharp drop in crude inventories. According to Reuters, Brent crude futures were at $104.73 a barrel, up by 33 cents, while WTI Crude was at $95.65 a barrel, up 67 cents.