Mumbai has the highest petrol rates
Mumbai: Petrol and diesel prices were changed on Monday. (Petrol Diesel Price 26th July 2021) You may be surprised to read but today is the ninth day. The day on which the fuel price hike has not changed at all.
Today, fuel will be sold at the same rate at all petrol pumps across the country. (Petrol Diesel Price Today Across 26th July 2021: Fuel prices remain unchanged; rates highest in Mumbai)
On Monday, petrol was priced at Rs 101.84 a liter in the national capital. Diesel is priced at Rs 89.87 per liter. Speaking of Mumbai, today petrol is priced at Rs 107.83 per liter and diesel at Rs 97.45 per liter. Crude oil prices have been steadily declining in the international market.
With this in mind, Indian oil companies have not changed the price of petrol and diesel in the last nine days. Experts say that the general public in the country will definitely get some relief in fuel prices if the slump in international crude oil prices continues.
Despite the slump in international crude oil prices, petrol and diesel prices in India are at record highs. Petrol is priced at Rs 100 per liter in 17 states and union territories. In July, oil companies hiked petrol prices by nine times and diesel by five times.
The fact that there has been no increase in petrol and diesel prices for the last nine days is a matter of relief to the common man. Let us tell you that there was a day in July when diesel prices were also reduced. Apart from July, petrol and diesel prices were increased 16 times in June and May.
The rupee, on the other hand, remained weak against the dollar on the back of declining international crude oil prices. Domestic oil companies have not raised fuel prices for the past nine days due to the current price of crude oil and the rupee against the dollar.
Experts say that if international crude oil prices continue to fall in the same manner, petrol and diesel prices across the country could fall by up to Rs 2 per liter.