Retail fuel prices have stabilized in the country for four consecutive days. On Wednesday, March 3, 2021, petrol and diesel prices remained the same in the country. The last hike in oil prices was on Saturday. In the previous hike, petrol price was hiked by 23-24 paise and diesel by 15-16 paise. But prices have been calm since Sunday. However, it is important to keep in mind that prices have not been reduced for weeks. Prices are either increased or maintained. Petrol and diesel prices have gone up by about Rs 8 in two months. If we look at the prices of January 2021 and March 1, 2021, the price of petrol in Delhi on January 1, 2021 alone was Rs 83.71 per liter and today it is Rs 91.17 per liter.
In Delhi, petrol is priced at Rs 91.17 per liter and diesel at Rs 81.47 per liter. On Saturday, petrol was hiked by 24 paise and diesel by 15 paise. In Mumbai, petrol is selling at Rs 97.57 per liter and diesel at Rs 88.60 per liter. The top four metros in the country – Delhi, Mumbai, Kolkata and Chennai – have the most expensive petrol in Mumbai. In Kolkata, petrol price was hiked from Rs 91.35 per liter and diesel from Rs 84.20 to Rs 84.35 per liter on Saturday. In Chennai, petrol is priced at Rs 93.11 per liter while diesel is priced at Rs 86.45 per liter. Oil prices in the country are revised every day at 6 am as petrol and diesel prices fluctuate every day in line with the country’s crude oil prices and foreign exchange rates. These new prices are applicable at every petrol pump in the country from 6 am every day.