Petrol, diesel prices on fire: Take a look at fuel rates in US, other countries
India Today
Petrol and diesel prices have crossed the Rs 100-mark in several areas across India after oil marketing companies started to revise fuel rates on March 22.
Petrol and diesel prices have increased by Rs 10 per litre in the past 16 days. There are apprehensions that rates may go up further. Revision of fuel rates has been paused by oil marketing companies since November. The hiatus ended on March 22.
Petrol prices have crossed the Rs 100-mark in all major cities - Mumbai, Kolkata, Chennai, Bengaluru, Hyderabad, Gurugram, Noida, Patna, Jaipur, Chandigarh, Patna, and Thiruvananthapuram.
Diesel prices have already hit the century-mark in major cities like Mumbai, Chennai, Bhubaneswar, Hyderabad, Jaipur, Patna, and Thiruvananthapuram.
Meanwhile, international crude prices have dropped far more steeply, from a peak of more than $139 per barrel in early March to about $107 on Tuesday, a fall of 23 per cent.
US crude was at $101.96 a barrel and Brent crude was at $106.96 per barrel on Wednesday.
US gasoline prices, driven up by Russia's invasion of Ukraine and Western sanctions on Moscow's energy exports, hit a record, before inflation adjustments, on March 11 of $4.33 a gallon and slipped to $4.17 a gallon on Wednesday, a decline of about 4 per cent, according to a Reuters report.
The gasoline (Petrol) price in Germany is $2.18 per litre, $1.96 per litre in Spain, $1.93 per litre in France, $2.14 a litre in the UK, and $1.52 a litre in Canada.
