Petrol, diesel prices today remain stable in Delhi, Hyderabad, Chennai, Mumbai - 16 May 2020

Petrol and diesel prices on 16 May 2020: Petrol and diesel prices have remained stable today on Saturday. The petrol and diesel prices which differ from time to time have unchanged for the last two months due to falling in crude oil prices. Taking a look at the petrol and diesel at India's key metro cities today, the prices are similar. On the other hand, the centre has increase cess and VAT by Rs. 10 and Rs. 13 per litre on petrol and diesel respectively.

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 today's petrol price in Hyderabad, it is recorded at Rs.73.97 and diesel at Rs. 67.82.

In Delhi, after a hike on Tuesday, the petrol price per litre remained stable at Rs. 71,26 per litre and the diesel at Rs.69.39 per litre and continued 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. 68.22 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.