Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On May 05
News 18Petrol, Diesel Prices Today On May 05, 2024: Each day at 6 am, oil marketing companies unveil the prices of petrol and diesel, unfazed by their volatility. Petrol Diesel Price Today In India Check city-wise petrol and diesel prices on May 05; City Petrol Price Diesel Price Delhi 94.72 87.62 Mumbai 104.21 92.15 Chennai 100.75 92.34 Kolkata 103.94 90.76 Noida 95.01 88.14 Lucknow 94.56 87.66 Bengaluru 99.84 85.93 Hyderabad 107.41 95.65 Jaipur 104.88 90.36 Trivandrum 107.62 96.49 Bhubaneswar 101.06 92.64 In India, fuel prices have remained steady since May 2022, following a reduction in fuel taxes by the central government and several states. Factors Affecting Petrol And Diesel Prices In India Crude oil price: The primary raw material for the production of petrol and diesel is crude oil, and as such, its price directly influences the ultimate cost of these fuels. The exchange rate between the Indian rupee and the US dollar: As a major importer of crude oil, India’s petrol and diesel prices are also influenced by the exchange rate between the Indian rupee and the US dollar.