Petrol, diesel prices today hikes in Hyderabad, Delhi, Chennai, Mumbai on 31 May 2021

Petrol prices today, 31 May 2021: Petrol prices and diesel prices have hiked today at all major cities across the country. The fuel rates mentioned below are due at 6 am and are subjected to change at any time as the petroleum companies such as Bharat Petroleum Corporation Ltd (BPCL), Hindustan Petroleum Corporation Ltd (HPCL), Indian Oil Corporation Ltd (IOCL) will alter the fuel prices based on the crude oil prices.

The fuel prices are subjected to change depending on the crude oil prices at the international market that impacts the domestic market. Moreover, economic growth also the reason for the rise and fall of petrol prices. The fuel prices vary from state to state depending on the taxes and freight charges.

Going by the prices, the petrol prices in Delhi are holding at Rs. 94.23 with a hike of 29 paise and diesel price at Rs. 85.15 with a hike of 26 paise The petrol prices in Hyderabad remained at Rs. 97.93 with a hike of 30 paise and diesel at Rs. 92.83 witha hike of 29 paise

The petrol price in Chennai per litre costs Rs. 95.76 with a hike of 25 paise and the diesel is priced at Rs.89.90 with 25 paise hike. The situation is similar in Mumbai with petrol price per litre at Rs. 100.47 with a hike of 27 paise and the diesel prices remained at Rs. 92.45 with a hike of 28 paise. Petrol prices today in Bangalore is at Rs. 97.37 with a hike of 30 paise while diesel recorded at Rs. 90.27 with a hike of 28 paise.