Petrol-Diesel Price on April 28: Today on Tuesday, the prices of petrol and diesel remained stable in major cities of the country, while there is an atmosphere of instability in the global oil markets due to increasing tension in the Middle East and the closure of the major energy shipping route Strait of Hormuz.

At some places the price is less than Rs 100 and at other places it is above Rs.

Today the price of petrol in Delhi remains at Rs 94.77 per liter. Prices are being seen higher in many other metros, including Mumbai. The price of petrol here is Rs 103.50 per liter. Petrol prices were also recorded above Rs 100 per liter in other major cities, including Kolkata (Rs 105.41), Bengaluru (Rs 102.92) and Chennai (Rs 100.90).

What is the price of diesel?

Diesel prices also remained stable across the country today. The price of diesel in Delhi is Rs 87.67 per liter, while in Mumbai its rate is Rs 90.03 per liter. However, prices are higher in many cities including Chennai (Rs 92.39), Kolkata (Rs 92.02) and Bengaluru (Rs 90.99).

Today’s price of petrol and diesel

City	Petrol price (per litre)	Diesel price (per litre)
Delhi	94.77	87.67
Mumbai	103.54	90.03
Kolkata	105.45	92.02
Chennai	100.80	92.39
Bengaluru	102.92	90.99
Chandigarh	94.30	82.45
Fatehabad	97.09	89.56
Gangtok	103.35	90.45
Guwahati	93.23	89.46

Turmoil in the global fuel market

This stagnation in retail fuel prices has come despite a rapid increase in the global crude benchmark. According to Reuters, Brent crude is trading above $ 106 per barrel, while US crude is around $ 95. Last week, the biggest weekly increase has been recorded in both of them since the start of the war.

The surge is fueled by stalled peace talks between the US and Iran and continuing blockages in the Strait of Hormuz – a vital global oil transport route that carries about a fifth of the world’s oil flows. There is a shortage in the market due to limited movement of tankers and shortage in supply.

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