
Petrol and diesel prices remained unchanged across major Indian cities on April 2, even as global crude oil markets witnessed sharp volatility driven by escalating geopolitical tensions in West Asia.
While retail fuel prices stayed stable, commercial fuel segments and LPG rates have seen notable increases, reflecting the impact of rising global energy costs.
Fuel Prices in Key Cities on April 2
The latest petrol and diesel prices across major cities are as follows:| City | Petrol (Rs/Litre) | Diesel (Rs/Litre) |
|---|---|---|
| Delhi | 94.77 | 87.67 |
| Mumbai | 103.54 | 90.03 |
| Kolkata | 105.45 | 92.02 |
| Chennai | 100.84 | 92.39 |
| Ahmedabad | 94.49 | 90.16 |
| Hyderabad | 107.46 | 95.70 |
| Patna | 105.71 | 91.49 |
| Bengaluru | 102.96 | 90.99 |
| Lucknow | 95.34 | 88.50 |
Commercial Fuel and LPG Prices See Sharp Increase
Despite steady retail rates, industrial and commercial fuel prices have moved higher:- Bulk industrial diesel prices have increased by Rs 21.92 per litre, marking a rise of around 25 percent
- Premium petrol prices have gone up by Rs 2 per litre
- Commercial LPG prices were raised by Rs 195.50 per cylinder on April 1
Premium Fuel Prices Revised by Oil Companies
State-run and private fuel retailers have also revised premium fuel pricing:Indian Oil Corporation (IOCL)
- XP100 petrol increased from Rs 149 to Rs 160 per litre
- Xtra Green diesel raised from Rs 91.49 to Rs 92.99 per litre
Shell Retail Prices (Effective April 1)
- Power Petrol: Rs 129.85 per litre
- Normal Petrol: Rs 119.85 per litre
- Normal Diesel: Rs 123.00 per litre
- Premium Diesel: Rs 133.00 per litre
Global Crude Oil Prices Rebound Sharply
Global oil benchmarks surged on Thursday after geopolitical developments intensified:- Brent crude rose over 5 percent to trade above $105 per barrel
- WTI crude climbed up to $103.27 per barrel
Government Measures and Supply Adjustments
In response to supply disruptions, the government has temporarily eased norms for kerosene distribution. Public sector oil companies are now allowed to sell subsidized kerosene through select petrol pumps across up to 21 states and Union Territories that were previously kerosene-free.What Influences Petrol and Diesel Prices in India?
Fuel prices in India are shaped by multiple factors:- International crude oil prices
- Rupee to US dollar exchange rate
- Central excise duties and state VAT
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