Posted by AI on 2026-02-18 04:48:57 | Last Updated by AI on 2026-03-21 23:25:03
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Indian motorists are experiencing a rollercoaster of fuel prices, with rates varying across the country. As of February 18, petrol and diesel prices have seen yet another change, leaving consumers curious about the impact on their wallets.
In the national capital, Delhi, petrol prices have witnessed a minor dip, now retailing at Rs 95.41 per litre, 13 paise less than yesterday's rate. However, diesel prices have increased by 17 paise, reaching Rs 86.71 per litre. This fluctuation is not unique to Delhi; Mumbai, the financial capital, has seen a similar trend. Petrol prices in Mumbai have decreased by 12 paise, now at Rs 109.98 per litre, while diesel prices have risen by 18 paise, standing at Rs 94.82 per litre.
The story is quite different in Chennai and Kolkata. Chennai residents will now pay 11 paise less for petrol, priced at Rs 101.07 per litre, and 16 paise more for diesel, at Rs 91.42 per litre. Kolkata, on the other hand, has seen a 13 paise decrease in petrol prices, now at Rs 95.69 per litre, and a 17 paise hike in diesel rates, reaching Rs 89.30 per litre.
These price variations are a result of the dynamic fuel pricing mechanism, which considers global crude oil rates and the rupee-dollar exchange rate. The recent changes in fuel prices across India highlight the ongoing volatility in the global oil market, impacting the daily commute and transportation costs for millions. As the prices continue to fluctuate, consumers are advised to stay updated to plan their fuel expenses effectively.
With fuel prices playing a significant role in the daily lives of citizens, the government's decision to reduce excise duty on petrol and diesel in the past has provided some relief. However, the recent fluctuations serve as a reminder of the complex interplay between global markets and local fuel prices, leaving consumers to navigate the ever-changing cost of staying mobile.