Petrol-Diesel Prices Drop in UP, Rise in Bihar – Check Latest Fuel Rates & Crude Oil Trends

Petrol and diesel prices in India saw fluctuations, with a drop in Uttar Pradesh but an increase in Bihar, while metro cities remained unchanged. Crude oil prices hovered around $70-$74 per barrel, influencing domestic fuel rates. Daily price updates are released at 6 AM, factoring in excise duty, VAT, and dealer commissions.

CONTENTS:

• Petrol-Diesel Prices: Crude Oil Nears $70 – Check the Latest Fuel Rates
• Petrol-Diesel Prices: New Rates Announced – Prices Drop in UP, but Bihar Sees a Hike

Petrol-Diesel Prices Drop in UP, Rise in Bihar – Check Latest Fuel Rates & Crude Oil Trends

Petrol-Diesel Prices: Crude Oil Nears $70 – Check the Latest Fuel Rates

Petrol-Diesel Price Today: Crude oil prices have been experiencing minor fluctuations for some time. Currently, crude oil is trading between $70 and $71 per barrel. Meanwhile, oil companies have released the latest petrol and diesel prices for Sunday, February 9, 2025. Let’s take a look at the fuel rates in major cities across India.

Crude Oil Prices in the Futures Market

Petrol-Diesel Prices Drop in UP, Rise in Bihar Due to strong demand, traders increased their positions, leading to a ₹9 rise in crude oil futures, bringing the price to ₹6,219 per barrel on Friday. On the Multi Commodity Exchange (MCX), the March crude oil futures contract gained ₹9 (0.14%) to reach ₹6,219 per barrel, with 837 lots traded.

Analysts noted that crude oil prices in the futures market remained strong as participants expanded their trades. On a global scale, West Texas Intermediate (WTI) crude in New York rose by 0.50% to $70.96 per barrel, while Brent crude increased by 0.62% to $74.75 per barrel.

Petrol and Diesel Prices in Major Cities

Petrol-Diesel Prices Drop in UP, Rise in Bihar – Petrol and diesel prices in major cities are as follows:

In Delhi, petrol is ₹94.72 per liter and diesel is ₹87.62 per liter.

In Mumbai, petrol costs ₹103.44 per liter, while diesel is ₹89.97 per liter.

In Kolkata, petrol is ₹103.94 per liter and diesel is ₹90.76 per liter.

In Chennai, petrol is priced at ₹100.85 per liter, and diesel at ₹92.44 per liter.

In Bengaluru, petrol is ₹102.86 per liter, and diesel is ₹88.94 per liter.

In Lucknow, petrol is ₹94.65 per liter, while diesel is ₹87.76 per liter.

In Noida, petrol costs ₹94.87 per liter, and diesel is ₹88.01 per liter.

In Gurugram, petrol is ₹95.19 per liter, and diesel is ₹88.05 per liter.

In Chandigarh, petrol is available at ₹94.24 per liter, while diesel is ₹82.40 per liter.

In Patna, petrol is ₹105.18 per liter, and diesel is ₹92.04 per liter.

Last Price Reduction Took Place in March Last Year

Petrol-Diesel Prices Drop in UP, Rise in Bihar The last major fuel price reduction occurred on March 15, when the Indian government cut petrol and diesel prices by ₹2 per liter. This decision was made in light of the Lok Sabha elections. Now that the elections are over, it remains to be seen how long fuel prices will stay at these levels.

Who Regulates Fuel Prices?

Petrol-Diesel Prices Drop in UP, Rise in Bihar Petrol and diesel prices in India are determined by Oil Marketing Companies (OMCs) such as Hindustan Petroleum Corporation, Indian Oil Corporation, and Bharat Petroleum. Notably, fuel prices have remained unchanged since May 22, 2022. These companies update and publish daily price revisions on their websites.

How to Check Fuel Prices from Home

You can easily check the latest petrol and diesel prices for your city online or via SMS.

• Indian Oil customers: Send an SMS with “RSP” followed by your city code to 9224992249.
• BPCL customers: Send “RSP” to 9223112222.

Petrol-Diesel Prices: New Rates Announced – Prices Drop in UP, but Bihar Sees a Hike

Petrol Diesel Price Today: The decline in global crude oil prices has also impacted retail fuel prices in India. On Friday, fuel prices dropped in several cities, while some regions saw an increase.

Key Highlights: Petrol-Diesel Prices Drop in UP, Rise in Bihar

• Petrol in Uttar Pradesh became 39 paise cheaper, while diesel fell by 45 paise.
• In Patna, petrol increased by 35 paise, and diesel rose by 33 paise.
• No price changes in Delhi and Mumbai.

Latest Fuel Price Updates

As per the latest data from state-run oil companies, fuel prices have dropped in many parts of the country, including Uttar Pradesh. However, Bihar saw an increase in petrol and diesel prices. Despite these fluctuations, the prices in Delhi, Mumbai, Chennai, and Kolkata remained unchanged.

• Ghaziabad: Petrol fell by 39 paise to ₹94.50/liter, while diesel dropped 45 paise to ₹87.58/liter.
• Patna: Petrol increased by 35 paise to ₹105.58/liter, and diesel rose by 33 paise to ₹92.42/liter.
• Gurugram: Petrol declined by 24 paise to ₹94.87/liter, while diesel dropped 24 paise to ₹87.73/liter.

Crude Oil Prices in the Global Market

Crude oil prices saw slight fluctuations in the last 24 hours.

• Brent Crude is now trading at $74.31 per barrel.
• WTI Crude has risen to $70.60 per barrel.

Fuel Prices in Major Metro Cities: Petrol-Diesel Prices Drop in UP, Rise in Bihar

Petrol and diesel prices in major cities are as follows:

In Delhi, petrol is ₹94.72 per liter and diesel is ₹87.62 per liter. In Mumbai, petrol costs ₹103.44 per liter, while diesel is priced at ₹89.97 per liter. In Chennai, petrol is available at ₹100.76 per liter and diesel at ₹92.35 per liter. Meanwhile, in Kolkata, petrol is ₹104.95 per liter, and diesel is ₹91.76 per liter.