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Fuel prices across India remained largely unchanged on\u00a0July 15, even as oil prices settled lower last week on Friday after the latest round of US-Iran war amid hopes that shipping would eventually resume via the Strait of Hormuz. Brent crude futures settled at $76.01 per barrel, down 0.38%.<\/p>
This is well below the late-April peak of over $120 per barrel, when the Hormuz closure first sent global energy markets into shock. Petrol and diesel prices have remained steady since May 25, when state-owned Oil Marketing Companies (OMCs) raised petrol prices by \u20b92.61 per litre and diesel prices by \u20b92.71 per litre.<\/p>
In Delhi, petrol continues to be priced above \u20b9100 per litre at \u20b9102.12, while diesel is retailing at \u20b995.20 per litre. Mumbai has also continued to see petrol prices above the \u20b9110 mark, with petrol selling at \u20b9111.21 per litre and diesel at \u20b997.83 per litre.<\/p>
In other major cities, including Bengaluru, Hyderabad and Kolkata, petrol prices remain above \u20b9110 per litre. Diesel prices are below \u20b9100 in these cities, except in Hyderabad, where diesel is priced at \u20b9103.82\u00a0per litre.<\/p>
Check latest petrol rates here<\/strong><\/p> Fuel prices in key cities (July 15<\/strong>)<\/strong><\/p> Check latest diesel rates here<\/strong><\/p> What drives petrol and diesel prices in India?<\/strong><\/p> A combination of global, economic, and domestic factors shapes fuel prices at the pump. At the heart of it is the international price of crude oil, the base raw material for both petrol and diesel, which has the single biggest bearing on what consumers ultimately pay.<\/p> The rupee-dollar exchange rate is another key variable, given that India relies heavily on imported crude. When the rupee weakens against the dollar, the cost of procuring crude rises, which can feed directly into higher retail fuel prices.<\/p> Why do prices differ across different cities?<\/strong><\/p> On top of that, taxes levied by both the central and state governments make up a substantial portion of the final price, which is why petrol and diesel rates differ across states. Transportation costs and prevailing demand-supply conditions also factor into the retail price consumers see at the pump.<\/p> <\/div> #Petrol #diesel #prices #today #July #Check #latest #prices #Delhi #Mumbai #Chennai #cities1784084200<\/p> ","protected":false},"excerpt":{"rendered":" Fuel prices across India remained largely unchanged on\u00a0July 15, even as oil prices settled lower last week on Friday after the latest round of US-Iran war amid hopes that shipping would eventually resume via the Strait of Hormuz. Brent crude futures settled at $76.01 per barrel, down 0.38%. This is well below the late-April peak […]<\/p>\n","protected":false},"author":1,"featured_media":11660,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[795,9813,2342,622,16688,493,1031,5421,16687,1040,266],"class_list":["post-11659","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-content-marketing","tag-check","tag-chennai","tag-cities","tag-delhi","tag-diesel","tag-july","tag-latest","tag-mumbai","tag-petrol","tag-prices","tag-today"],"acf":[],"_links":{"self":[{"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=\/wp\/v2\/posts\/11659","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11659"}],"version-history":[{"count":0,"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=\/wp\/v2\/posts\/11659\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=\/wp\/v2\/media\/11660"}],"wp:attachment":[{"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11659"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11659"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11659"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
City<\/strong><\/td> Petrol (\u20b9\/litre)<\/strong><\/td> Diesel (\u20b9\/litre)<\/strong><\/td> <\/tr> Delhi<\/td> 102.12<\/td> 95.20<\/td> <\/tr> Hyderabad<\/td> 115.69<\/td> 103.82<\/td> <\/tr> Kolkata<\/td> 113.51<\/td> 99.82<\/td> <\/tr> Mumbai<\/td> 111.21<\/td> 97.83<\/td> <\/tr> Bengaluru<\/td> 111.68<\/td> 99.56<\/td> <\/tr> Chennai<\/td> 107.76<\/td> 99.55<\/td> <\/tr> <\/tbody> <\/table>