Petrol and Diesel Prices Today: In the international market, around 6 am on Monday, WTI crude is being sold at $ 81.03 per barrel with a decline of 0.01%. Government oil companies released the latest petrol and diesel prices on Monday, March 18. Petrol and diesel rates have fallen by Rs 2. Brent crude is trading at $ 85.29 per barrel as of March 15.
Prices of petrol and diesel vary from state to state due to factors such as freight charges, value-added tax (VAT), and local taxes. Here are Petrol and Diesel Prices Today On March 18, 2024.
Check Out: Petrol Prices Today On March 17, 2024: Check Prices Here
Petrol and Diesel Prices Today On March 18, 2024: Check Rates In Your Cities
| CITY | PETROL PRICE (RS/LITRE) | DIESEL PRICE (RS/LITRE) |
| Chennai | 100.75 | 92.24 |
| Kolkata | 103.94 | 90.76 |
| Noida | 94.79 | 87.96 |
| Lucknow | 94.57 | 87.76 |
| Bengaluru | 99.94 | 85.89 |
| Hyderabad | 107.66 | 95.82 |
| Jaipur | 106.48 | 91.72 |
| Trivandrum | 107.73 | 96.53 |
| Bhubaneswar | 101.19 | 92.75 |
Since the central government and several states reduced fuel taxes in May 2022, fuel prices have remained stable.
Oil marketing companies adjust fuel retail prices daily at 6 a.m. based on global crude oil prices in addition to excise taxes, base pricing, and price caps.
Crude oil rates are also affected by the cost of refining crude oil into petrol and diesel. Refining is a costly process, which varies based on factors such as crude oil type and refinery efficiency.
