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Fuel Rates Today: Check Petrol & Diesel Price On 18th March 2022

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On Friday, March 18, 2022, the price of petrol and diesel stayed constant across the country. Fuel prices are going to remain constant in most metropolitan areas today. In New Delhi, the price of petrol is Rs 95.41 a litre, while the price of diesel is Rs 86.67. Petrol is now priced at Rs 104.67 in Kolkata, while diesel is priced at Rs 89.79. Petrol presently costs Rs 109.98 in Mumbai, while diesel costs Rs 94.14. Today's petrol and diesel prices in Chennai are Rs 101.40 and Rs 91.43, respectively. Petrol will cost Rs 100.58 per litre in Bangalore, while diesel will cost Rs 85.01.

 
Fuel Rates Today: Check Petrol & Diesel Price On 18th March 2022

Petrol will cost Rs 95.70 in Gurgaon today, down from Rs 95.90 yesterday, while diesel will cost Rs 87.02, up from Rs 86.91 yesterday. Petrol will cost Rs 95.48 in Noida, and diesel will cost Rs 86.98, down from Rs 86.99 yesterday. Petrol will cost Rs 102.10 per litre in Bhubaneswar today, up from Rs 101.81 yesterday, while diesel will cost Rs 91.52, down from Rs 91.91 yesterday. Petrol and diesel prices in Chandigarh will stay unchanged today at Rs 94.23 and Rs 80.90, respectively. The petrol price in Hyderabad will remain unchanged at Rs 108.20, while the diesel price will remain at Rs 94.62.

Petrol price in Jaipur has been hiked slightly, with a litre costing Rs 107.32 (up from Rs 106.89 yesterday) and diesel costing Rs 90.32 (down from Rs 90.94 yesterday). Petrol will cost Rs 95.18 in Lucknow, down from Rs 95.36 the day before, while diesel will cost Rs 86.77, up from Rs 86.71 the day before. Petrol will cost Rs 106.44 in Patna today, up from Rs 105.90 yesterday, while diesel will cost Rs 91.09, down from Rs 91.59 yesterday.

The influence of the Ukraine-Russia conflict has been sensed all across the world. With rising oil prices and a projected increase in fuel prices, India may be impacted by a spread of high energy prices. According to a research report issued on Thursday by Edelweiss Broking Limited, India may import as much as 2 million tonnes (mt), or around 15 million barrels of crude, from Russia in 2022, taking advantage of a Russian offer to sell its crude oil cheap and cover the expense of insurance and shipping. The brokerage has said "This comes after reports that Indian Oil Corporation (IOC) bought 3 million barrels of Russian Urals from trader Vitol for May delivery. This will be on cost, insurance and freight (CIF) model, where the seller incurs the costs and pays the freight, including insurance charges."

Story first published: Friday, March 18, 2022, 8:51 [IST]
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