Petrol and diesel prices were kept unchanged on Friday, April 23. In the national capital Delhi, petrol is priced at ₹ 90.40 per litre and diesel is sold at ₹ 80.73 per litre, according to Indian Oil Corporation. Currently, among the four metro cities, fuel prices are the highest in Mumbai. Petrol is being sold at ₹ 96.83 per litre and diesel is at ₹ 87.81 per litre in Mumbai, according to the state-run oil refiner. Petrol and diesel prices vary across states in India due to value-added tax (VAT).


Source: Indian Oil

The state-run oil marketing companies - Indian Oil Corporation, Bharat Petroleum and Hindustan Petroleum align the rates of domestic fuel with the global crude oil rates by taking into account any changes in foreign exchange rates. The new changes in fuel prices are implemented with effect from 6 am every day.

Oil prices climbed on Friday, buoyed by hopes demand will recover as economic growth picks up and lockdowns ease, but worries about India's surging second wave of COVID-19 cases limited gains.