Petrol-Diesel Prices Today: Did Petrol and Diesel Rates Change Amidst Crude Oil Volatility? Check the Latest Prices Here

Petrol-Diesel Prices: Petrol and diesel prices remained stable on Sunday, May 10, bringing relief to consumers. However, due to fluctuations in crude oil prices, there are apprehensions that rates may rise in the future.

Petrol-Diesel Prices Today: Consumers continue to find relief regarding petrol and diesel prices today, Sunday, May 10. The good news is that state-run oil companies have once again refrained from making any changes to petrol and diesel rates today. Despite sharp fluctuations in crude oil prices, fuel rates across the country have remained stable. However, due to the decision not to hike prices, oil companies are currently incurring a loss of approximately ₹30,000 crore.

Check Today’s Petrol Rates:

Delhi - ₹94.72
Mumbai - ₹104.21
Kolkata - ₹103.94
Chennai - ₹100.75
Ahmedabad - ₹94.49
Bengaluru - ₹102.92
Jaipur - ₹104.72
Lucknow - ₹94.69
Pune - ₹104.04
Chandigarh - ₹94.30
Indore - ₹106.48
Patna - ₹105.58
Surat - ₹95.00
Nashik - ₹95.50

Check Today’s Diesel Rates:

New Delhi - ₹87.62
Mumbai - ₹92.15
Kolkata - ₹90.76
Chennai - ₹92.34
Ahmedabad - ₹90.17
Bengaluru - ₹89.02
Hyderabad - ₹95.70
Jaipur - ₹90.21
Lucknow - ₹87.80
Pune - ₹90.57
Chandigarh - ₹82.45
Indore - ₹91.88
Patna - ₹93.80
Surat - ₹89.00
Nashik - ₹89.50

Private Companies Had Raised Prices

Speaking of private companies, Shell India had increased petrol and diesel prices last month. The company hiked petrol prices by ₹25.01 per liter and diesel prices by ₹7.41 per liter. Following this, petrol in Bengaluru reached ₹129.85 per liter, while diesel hit ₹133.52 per liter. Similarly, Nayara Energy had also previously raised petrol prices by ₹5 per liter and diesel prices by ₹3 per liter.

What Lies Ahead for Petrol and Diesel Rates?

It is worth noting that crude oil prices have surged from $70 per barrel to $120 per barrel; however, despite this, state-run oil companies have not yet raised prices. Although several reports have indicated the possibility of future price hikes, no official statement regarding this has been issued yet. If prices do rise, it will have a direct impact on consumers’ pockets. Given the current circumstances, it is believed that maintaining price stability for an extended period may prove difficult.