Gasoline, Diesel Prices Today: Fuel prices were raised again in metro cities on Sunday, March 27, 2022, for the fifth time in the past six days. Petrol rates were increased by 50 paise per liter and diesel by 55 paise per litre.
After today’s walk, petrol in the national capital now costs Rs 99.11 per litre, almost the limit of Rs 100. Diesel now costs Rs 90.42 per litre.
In less than a week since the price increases were implemented from March 22, petrol prices have increased by Rs 3.70 per liter and diesel by Rs 3.75.
In Mumbai, petrol now costs Rs 113.88 per litre, while diesel is sold for Rs 98.13 per litre. Out of the four subways, the fuel tariffs are highest in Mumbai.
Prior to the daily surges that started six days ago, fuel prices had been frozen for a record 137 days since November 4, 2021. During this period, parliamentary elections were held in the politically crucial states of Uttar Pradesh, Punjab, Uttarakhand, Goa and also Manipur.
Also during this period, crude oil prices rose by $30 a barrel, but prices remained unchanged in the country.
Fuel prices were raised on March 22, more than 10 days after the results of the parliamentary elections were announced on March 10.
Congress and other opposition parties have criticized the government for the rise in fuel prices, saying it has increased the burden on the common man, who is already reeling under the high prices of food and general items.
†Also Read: How to check the latest petrol and diesel rates in your city).
These are the petrol and diesel prices in metro cities:
State-run oil refineries such as Indian Oil, Bharat Petroleum and Hindustan Petroleum revise fuel tariffs daily, taking into account crude oil prices in international markets and the exchange rates of the rupee and dollar. Any changes in petrol and diesel prices will be implemented daily from 6am.
India is 85 percent dependent on imports to meet its oil needs and domestic gasoline and diesel prices are linked to international tariffs.