Petrol and diesel prices in major Indian cities held steady on October 18, as oil marketing companies announced no revisions. Fuel prices vary by state and city because of local VAT, freight charges and other local factors, even as global crude prices fluctuate amid Middle East tensions. In New Delhi, petrol sells for 102.12 rupees per litre and diesel for 95.20, while Mumbai charges 111.21 and 97.83 respectively. The article also lists Chennai, Kolkata, Bengaluru and Hyderabad, where petrol is highest at 116.15 rupees per litre. State-run companies revise prices daily at 6:00 AM based on a 15-day rolling average of international benchmarks and the rupee-dollar exchange rate.
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