Oil rates internationally have receded marginally lower, with WTI crude down by over 2% at $106 per barrel, while Brent crude has further softened proportionately to $109.6 per barrel. Reports suggest that amid the ongoing crisis between Russia and Ukraine and consequent sanctions levied on Russia, oil will see the biggest supply shock since 1973.

There are reports that Russia is indicating that it may be willing to have negotiations with Ukraine.
However, fuel prices in India as the elections are over and the results are out, will soon be increased. As per the latest update from the IOC, petrol price in New Delhi is Rs 95.41, while the diesel price is Rs 86.67. The current petrol price in Kolkata is Rs 104.67, while the diesel price is Rs 89.79. The petrol price in Mumbai is currently Rs 109.98, while the diesel price is Rs 94.14. The current diesel price in Chennai is Rs 91.43, while the current petrol price is Rs 101.40. In Kolkata the price of petrol is retailing at Rs. 104.67 per litre, while diesel is available for Rs. 89.79/ litre.
As per reports, Russia had made an open offer to India to sell crude oil at a discounted price. However, several factors would help the government's final decision, referring to transport routes, payment channels, insurance costs for the shipments and adverse reaction from Western nations.
| Metro city | Petrol rate in Rs/litre | Diesel rate in Rs./litre |
|---|---|---|
| Delhi | 95.41 | 86.67 |
| Mumbai | 109.98 | 94.14 |
| Kolkata | 104.67 | 89.79 |
| Chennai | 101.4 | 91.43 |
GoodReturns.in
More From GoodReturns

1:1 Bonus, 1:5 Split, 39 Dividends: Hindustan Zinc Share Rally 3% As Silver Rates Jump: Buy This Vedanta Stock

Gold Rates In India Today Crash Again On Inflation Fear; Gold Falls Rs36,500 In 3 Days; 24K, 22K, 18K Gold

Gold Rates & Silver Rates Today Live: MCX Gold & Silver Price Gives Up Some Early Gains; 24K, 22K, 18K Gold

Gold Rates Crash by Rs. 33500/100g in 3 Days: Bangalore, Chennai, Hyderabad Record Sharp Fall on March 14

Bengaluru Power Cut Today: Key Areas To Face 7-Hour Power Outage for BESCOM Maintenance On March 15| Full List

Gold Rates In India Crash Continues Today, 24K, 22K, 18K Gold Prices On Mar-16; Gold Rate Falls By Rs 41,400

Gold Rate in India Takes Hit Amid Iran-US War: 24K Sinks Rs 1.18 Lakh/100 Gm In 2 Week; Silver Down | March 13

PM-Kisan Samman Nidhi 22nd Installment Big Update: How To Check Eligibility, e-KYC, Status & Beneficiary List

Emirates, Etihad, Air India Express Cancel Dubai, Abu Dhabi, Dammam Flights on 16-17 March; Check Status Today

DigiLocker PVR Storage: How Indian Citizens Can Digitally Save Passport Verification Records?

Massive Crash in Gold Rate in India! 24K Plunges Nearly Rs 59,000 in Four Sessions; Will Slide Continue Today?



Click it and Unblock the Notifications