Fuel rates rise again, petrol at ₹100.21 per litre in Delhi

Petrol prices have crossed ₹100 per litre in Delhi and Kolkata on Wednesday after fuel retailers raised petrol rates by 35 paise per litre and diesel by 17 paise in the early morning even as international crude oil prices slumped on Tuesday following an inconclusive meeting of producers’ cartel — the Organisation of the Petroleum Exporting Countries and its allies, including Russia (together known as OPEC+), over supply cuts.

Domestic fuel retailers align pump prices of petrol and diesel with their respective international benchmarks of previous day, which often move in tandem with crude oil rates. Pump rates of auto fuels rose in India on Wednesday even as international oil prices fell sharply the previous day.