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Fuel Rates Today: Check Petrol & Diesel Price of Your City On 19th March 2022

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On Saturday, March 19, the country's petrol and diesel prices stayed steady. Today, the price of petrol in cities like New Delhi, Kolkata, Mumbai, Chennai, Bangalore, and Hyderabad will stay unchanged. Petrol costs Rs 95.41 per litre in New Delhi, while diesel costs Rs 86.67 per litre. Petrol costs Rs 109.98 per litre in Mumbai, while diesel costs Rs 94.14 per litre. Petrol costs Rs 104.67 per litre in Kolkata today, while diesel costs Rs 89.79 per litre.

 
Fuel Rates Today: Check Petrol & Diesel Price of Your City On 19th March 2022

The petrol price per litre in Bangalore will remain at Rs 100.58 today, while the diesel price will remain at Rs 85.01. Petrol will continue at Rs 108.20 in Hyderabad today, while diesel will remain at Rs 94.62. The petrol price in Chennai will remain unchanged today at Rs 101.40, while the diesel price will remain unchanged at Rs 91.43.

Petrol will cost Rs 95.81 in Gurgaon today, up from Rs 95.70 yesterday, while diesel will cost Rs 87.02, up from Rs 86.91 yesterday. Today's petrol price in Noida is Rs 95.47, down from Rs 95.48 yesterday, while diesel will cost Rs 86.98, down from Rs 86.99 yesterday. Petrol will cost Rs 101.70 in Bhubaneswar today, compared to Rs 102.10 yesterday, while diesel will cost Rs 91.52, compared to Rs 91.91 yesterday.

Petrol and diesel rates in Chandigarh will stay unchanged today at Rs 94.23 and Rs 80.90, respectively. Petrol will cost Rs 106.64 in Jaipur today, down from Rs 107.32 yesterday, while diesel will cost Rs 90.32, down from Rs 90.94 yesterday. Today's petrol price per litre in Lucknow will be Rs 95.24, up from Rs 95.18 yesterday, while diesel will be Rs 86.77, up from Rs 86.71 yesterday.

Petrol will cost Rs 105.90 in Patna today, down from Rs 106.44 yesterday, while diesel will cost Rs 91.09, down from Rs 91.59 yesterday. Petrol will cost Rs 106.04 a litre in Trivandrum today, compared to Rs 106.24 yesterday, while diesel will cost Rs 93.17, compared to Rs 93.37 yesterday.

 

Oil prices have a considerable influence on the consumer price index (CPI), which is the most generally used indicator of inflation, therefore an increase in crude oil prices will drive inflation and significantly impede economic development. The overall index of the CPI was 6.07 percent in February, 0.2 percent higher than in January. "For India, the main implications of this trajectory of Brent crude prices is on CPI inflation and the current account. CPI inflation rose to 6.07% YoY in Feb'22 broadly in line with our expectations, and will likely stay close to those levels in Mar-Apr'22 amid the elevated Brent crude oil prices, but will moderate sharply in the Jul-Sep'22 quarter as additional global supplies cause Brent crude oil prices to decline," ICICI Securities has said in a research report.

As a result of the Russia-Ukraine conflict, crude oil and gas prices are expected to stay high, potentially increasing inflationary tensions. As a result, oil-market corporations are expected to raise fuel prices, which have been steady since November.

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