Bharatimes
Business

Petrol, diesel prices today stable in Hyderabad, Delhi, Chennai and Mumbai on 20 December 2022

Petrol and diesel prices today, 20 December 2022: The Petrol and diesel prices continued to remain stable for long time now. Going by the fuel prices at major cities in the country today, the petrol price in Delhi is at Rs. 96.72 per liter and diesel price at Rs. 89.62. The petrol prices in Hyderabad remained at Rs. 109.66 per litre and diesel price is at Rs. 97.82 per litre. The petrol price in Chennai per litre is at Rs. 102.65 and the diesel is priced at Rs. 94.24 per litre.

In Mumbai, the petrol price per litre is Rs. 106.31 and the diesel prices remained at Rs. 97,28 per litre. Petrol prices today in Bangalore are at Rs. 101.94 per litre while diesel price remained at Rs. 87.89 per litre.

India is mainly dependent on crude oil imports for petrol and diesel. Hence crude prices affect petrol and diesel rates. However, other factors such as rising demand, government taxes, rupee-dollar depreciation and refinery concept ratio will also have an impact on domestic fuel prices.

The fuel prices mentioned below are due at 6 am and are subject to change at any time as the petroleum companies such as Bharat Petroleum Corporation Ltd (BPCL), Hindustan Petroleum Corporation Ltd (HPCL), Indian Oil Corporation Ltd (IOCL) will alter the fuel prices based on the crude oil prices.

Meanwhile, Crude oil prices fell to a 9-month low. Crude oil prices are falling due to a sharp drop in fuel demand and central banks gradually increasing interest rates amid fears of a global economic slowdown. On the other hand, due to the increasing yield of dollar bonds, the dollar is getting stronger compared to other currencies.

City Petrol price per litre Diesel Price per litre
Hyderabad Rs. 109.67 Rs. 97.82
Delhi Rs. 96.72 Rs. 89.62
Chennai Rs. 102.63 Rs. 94.24
Mumbai Rs. 106.31 Rs. 97.28
Bangalore Rs. 101.94 Rs. 87.89

Related posts

Petrol, diesel prices today in Hyderabad, Delhi, Chennai and Mumbai on 15 November 2022, check here

Nupur Mehta

Microsoft Teams may soon show results in context for better user experience

Anita Singh

What is the impact of China’s realty market on the Indian real estate sector?

Nupur Mehta

Adani Group’s Rs 493-cr open offer for NDTV begins today

Nupur Mehta

32% drop in IPO fundraising in H1

Nupur Mehta

We Founder Circle plans to invest in 10 local startups

Nupur Mehta