After an 18-day gap, petrol and diesel prices were raised to 18 paise across the metros on Tuesday, May 4, 2021. According to the Indian Oil Corporation, petrol prices in Delhi have been increased by 15 paise, from Rs 90.40 per litre to Rs 90.55 per litre, and diesel prices have been adjusted by 18 paise, from Rs 80.73 per litre to Rs 80.91 per litre. According to the state-run oil refiner, the updated rates of petrol and diesel in Mumbai are Rs 96.95 per litre and Rs 87.98 per litre, respectively. Mumbai currently has the highest petrol prices among the four metro cities. Due to the value-added tax, petrol and diesel rates differ across states in India. Indian Oil Corporation, Bharat Petroleum, and Hindustan Petroleum, all state-owned oil marketing firms, sync domestic fuel prices with global crude oil prices by factoring in fluctuations in foreign exchange rates. The latest fuel price will go into effect at 6 a.m. every day. Indian Oil, Bharat Petroleum, and Hindustan Petroleum all saw their share prices rise after the country's largest state-run oil distributor, Indian Oil, raised petrol and diesel rates after an 18-day hiatus on Tuesday. Indian Oil jumped 1.63 percent, Bharat Petroleum 2%, and Hindustan Petroleum 3.2 percent.

Latest Petrol & Diesel Rates
| City | Petrol Price In Rs | Diesel Price In Rs |
|---|---|---|
| Delhi | 90.55 | 80.91 |
| Mumbai | 96.95 | 87.98 |
| Chennai | 92.55 | 85.90 |
| Kolkata | 90.76 | 83.78 |
More From GoodReturns

Crash in Gold Rate in India by Rs 71,400 in Single Day; Will Gold Price Today Fall Below Rs 1.50 Lakh? Outlook

Indane, HP & Bharat Gas Cylinder Booking Rules: OTP Mandatory After LPG Refilling Gap Increased to 25-45 Days

Gold & Silver Rates Today Live: MCX Gold Crashes By Rs 5,645, Silver Falls By Rs 16,540; 24K, 22K, 18K Gold

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

1:5 Split Soon? Vedanta Ltd To Consider 3rd Interim Dividend On March 23, Share Jumps; Record Date & Buy Call

Mega Gold Price Crash Alert! 24K Sinks Rs 1.36 Lakh/100 Gm In Week; Silver Sees Losses | March 23-27 Outlook

Gold & Silver Rates Today Live Updates: Will 24 Carat, 22 Carat, 18 Carat See Bullish Week Ahead?

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

Gold Rates In India Crash By Rs 29,400 On March 21 After Spot Gold Hits Weakest Week; 24K, 22K, 18K Gold Price

ATM Rules Changing From April 1, 2026: HDFC Bank, PNB, Bandhan Bank & Others Revise Cash Withdrawal Rules

Huge Crash in Gold Rate in India By Rs 1.43 Lakh in Just 7 Days; Will Gold Price Today Fall Further on 23 Mar?



Click it and Unblock the Notifications