Fuel prices on April 27: Rates steady in major cities, fluctuates in few

A marginal fluctuation in the fuel price in several cities has been recorded on Saturday, a continual trend observed in the last couple of weeks.

However according to Goodreturns, the oil marketing companies (OMCs) kept fuel rates largely unchanged.

Apart from a few cities, customers have to continue to pay the same amount as yesterday. Petrol and diesel prices have been largely steady since May 21 last year, when the previous pan-India revision to fuel prices was done.

Therefore on Tuesday, customers in Delhi must continue to pay ₹96.72 for a litre of petrol and ₹89.62 for an equal quantity of diesel while people in Mumbai must pay ₹106.31 and ₹94.27 respectively. Here are the rates, meanwhile, for other major cities:

Cities                   Petrol         Diesel
Bengaluru          ₹101.94     ₹87.89
Bhubaneswar   ₹103.47     ₹95.03
Chennai            ₹102.63     ₹94.24
Jaipur               ₹108.56     ₹93.80
Kolkata            ₹106.03     ₹92.76
Hyderabad     ₹109.66     ₹97.82
Noida             ₹96.92        ₹90.08
Gurugram     ₹97.01        ₹89.88
Trivandrum  ₹109.62      ₹98.42

How do OMCs determine fuel prices?

OMCs such as Indian Oil, Bharat Petroleum and Hindustan Petroleum review and determine petrol and diesel prices on a daily basis. These are determined in accordance with the price of crude oil throughout the world.