Petrol, Diesel Prices Today, September 11: Check City-Wise Fuel Rates As Crude Oil Tops $100
| City | Petrol Price (Rs/litre) | Diesel Price (Rs/litre) |
| Delhi | Rs 102.12 | Rs 95.20 |
| Mumbai | Rs 114.05 | Rs 98.42 |
| Kolkata | Rs 113.45 | Rs 99.15 |
| Chennai | Rs 113.23 | Rs 100.75 |
| Bengaluru | Rs 110.95 | Rs 97.74 |
| Hyderabad | Rs 115.00 | Rs 103.00 |
Note: Retail fuel prices can vary by city because of differences in state taxes and other local charges.
Also Read:Petrol, Diesel Prices Today, September 10: Check City-Wise Rates as Crude Nears $102
The sharp increase in crude prices has, however, squeezed the marketing margins of oil companies. According to industry estimates, petrol marketing margins have slipped into negative territory, while diesel margins are under even greater pressure. The Indian crude basket had climbed to $108.91 per barrel on September 8, while its September average has also remained elevated.
The surge in crude has been linked to escalating tensions involving Iran and the US and disruptions to oil supplies from the region. Brent futures recently moved above $100 a barrel, while West Asian supply concerns have added to uncertainty in global energy markets. Analysts have indicated that a further domestic fuel-price increase may depend on crude prices remaining substantially above current levels.
An increase in crude prices is particularly significant for India because the country relies heavily on imported crude oil. Higher international oil prices can increase the import bill and potentially add to inflationary pressures across transportation and other sectors.
For motorists, the key takeaway is that pump prices remain unchanged for now despite crude oil crossing $100 a barrel. However, continued high crude prices could put renewed pressure on domestic fuel prices if the rally persists.
Also Read:Petrol, Diesel Prices Today, Sept 9: Check Rates in Delhi, Mumbai, Bengaluru and Other Cities
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