Petrol, diesel prices remains steady in Delhi, Hyderabad, Chennai, Mumbai - 20 May 2020

Petrol and diesel prices on 20 May 2020: Petrol and diesel prices, have remained stable on Wednesday as the state-run fuel retailers left the petrol and diesel prices untouched once again for the last couple of months. Barring few cities where the state government has hiked VAT, fuel rates at other cities have been stagnant in India. With demand for petrol and diesel increased by around 70% during lockdown.

Going the petrol and diesel prices, petrol prices in Hyderabad have been turning more volatile, as prices of crude oil have been showing a firm trend. If we check todays petrol price in Hyderabad, it is recorded at Rs.73.97 and diesel at Rs. 67.82.

In Delhi, after a hike on last Tuesday, the petrol price per litre remained stable at Rs. 71,26 per litre and the diesel at Rs.69.39 per litre and remaincontinued to be stable till today. In Mumbai, petrol remains at Rs.76.31 per litre and diesel price is also stable at Rs.66.21 per litre. In Chennai, the petrol price per litre is recorded at Rs. 75.54 per litre with a fall of seven paise whereas diesel is priced at Rs. 68.28 per litre with seven paise decrease.

The petrol and diesel prices mentioned above are due at 8 in the morning and petroleum companies revise the petrol and diesel prices on the basis of crude oil prices in the international market. Against this backdrop, prices are subjected to change regularly.