Fuel Rates Today: Check Petrol & Diesel Price of Your City On 28th April 2022

On April 28, oil marketing companies (OMC) held petrol prices unchanged for the third week in a row. The price of petrol in New Delhi is currently Rs 105.41 a litre, while diesel is Rs 96.67. In Mumbai, a litre of petrol costs Rs 120.51 and a litre of diesel costs Rs 104.77. Petrol will cost Rs 115.12 per litre in Kolkata today, while diesel will cost Rs 99.83 per litre. The prices of petrol and diesel in Chennai have remained steady at Rs 110.95 and Rs 100.94, respectively.

On Thursday, a litre of petrol would cost Rs 111.09 in Bangalore, while a litre of diesel will cost Rs 94.79. Today, a litre of petrol will cost Rs 112.50 in Bhubaneswar, the capital of Odisha, while a litre of diesel will cost Rs 102.24. Petrol and diesel prices in Chandigarh have remained steady at Rs 104.74 per litre, with diesel costing Rs 90.83 per litre. On April 28, 2022, a litre of petrol will cost Rs 119.49 in Hyderabad, while a litre of diesel will cost Rs 105.49.

Crude oil prices were seen softening on Thursday; as of 08.20 a.m., Brent crude futures were down $1.53 at $103.80 per barrel, while U.S. West Texas Intermediate (WTI) crude futures were down $1.34 at $100.7 a barrel, and crude oil prices in the international market may remain volatile as long as the covid worries, negatively influence in the global economy, and supply-demand are a concern. Concerns over Russian oil supplies may keep the price unpredictable.

According to a report of Kotak Securities "Russia-Ukraine has also come back into focus with Russia threatening to cut gas supply to Poland and Bulgaria as it implements its plan to receive gas payment in rubles. Russia's stance has rekindled worries that European Union may consider imposing restrictions on Russian crude oil and natural gas exports. While Russia-Ukraine fighting dents growth prospect, commodities have benefitted from concerns about tighter supply. As per forexlive report, Germany says it is coordinating closely with EU on Russian gas supply cut-off."