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Fuel Rates Today: Check Petrol & Diesel Price of Your City On 23rd March 2022

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For the second day in a row, petrol and diesel prices were up by 80 paise per litre on Wednesday. According to state-owned fuel retailers, petrol will now cost Rs 97.01 per litre in Delhi, up from Rs 96.21 yesterday, while diesel will cost Rs 87.47 per litre, up from Rs 86.67 yesterday. In Mumbai, the price of petrol has been raised to Rs 111.67 per litre, up from Rs 110.82 yesterday, while the price of diesel has been raised to Rs 95.00 per litre, up from Rs 94.14 yesterday. In Kolkata, the price of a litre of petrol has been raised to Rs 106.34, up from Rs 105.51 yesterday, while the price of a litre of diesel has been raised to Rs 90.62, up from Rs 89.79 yesterday.

 
Fuel Rates Today: Check Petrol & Diesel Price of Your City On 23rd March 2022

In Chennai, the price of a litre of petrol has been raised to Rs 102.91, up from Rs 102.16 yesterday, while the price of a litre of diesel has been raised to Rs 92.19, up from Rs 91.43 yesterday. In Bangalore, a litre of petrol would cost Rs 102.26, up from Rs 101.42 yesterday, while a litre of diesel will cost Rs 85.80, up from Rs 85.01 yesterday. Petrol will cost Rs 110.01 a litre in Hyderabad today, up from Rs 109.10 yesterday, while diesel will cost Rs 95.50, up from Rs 94.62 yesterday. Petrol will cost Rs 97.28 per litre in Gurgaon today, up from Rs 96.70 yesterday, while diesel will cost Rs 87.92, up from Rs 87.11 yesterday.

Petrol will cost Rs 97.23 in Noida, up from Rs 96.44 yesterday, while diesel will cost Rs 87.95, up from Rs 87.17 yesterday. Petrol will cost Rs 103.81 in Bhubaneswar, up from Rs 102.66 yesterday, while diesel will cost Rs 92.48, up from Rs 91.73 yesterday. Petrol will cost Rs 108.40 in Jaipur today, up from Rs 107.94 yesterday, while diesel will cost Rs 91.53, up from Rs 91.15 yesterday.

The OMCs hiked retail pricing of petrol and diesel by Rs0.8/litre on Tuesday, the first increase since November 21. Also, a hike in the price of LPG by Rs50/cylinder to Rs950 was seen yesterday. The brokerage firm Prabhudas Lilladher has said in a research report that "The move removes an overhang of sizeable marketing losses of over Rs12/litre being borne by the OMCs and upstream companies. With crude oil prices rising due to geopolitical tensions, the price hike was important even if delayed. We reiterate our Overweight stance on the sector but prefer upstream companies like OIL, GAIL, ONGC on back of rising crude oil and gas prices."

Read more about: fuel rates
Story first published: Wednesday, March 23, 2022, 8:44 [IST]
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