After being hiked for two consecutive days, the domestic oil marketing companies have kept petrol and diesel prices unchanged on Friday, July 9, 2021. The two-day consecutive increase in fuel prices, saw petrol rates breaching Rs 100-mark in all metro cities. The latest hikes have led to petrol prices going past Rs 100 in Delhi and Kolkata. Mumbai was the first metro city to see petrol price crossing the psychological barrier. Sometimes later, it was joined by Chennai, which was followed by Delhi and Kolkata.  

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Petrol is currently being sold for Rs 100 and above in select cities and towns of more than 15 states and UTs now. Rajasthan, Madhya Pradesh, Maharashtra, West Bengal, Andhra Pradesh, Telangana, Karnataka, Jammu and Kashmir, Sikkim, Odisha, Tamil Nadu, Kerala, Bihar, Punjab and Ladakh. 

Petrol and diesel prices in Delhi, Mumbai, Kolkata and Chennai on July 9, 2021  (Rates as per IOCL website) 

DELHI – Petrol: Rs 100.56 | Diesel: Rs 89.62    

MUMBAI - Petrol: Rs 106.59 | Diesel: Rs 97.18  

KOLKATA - Petrol: Rs 100.62 and Diesel: Rs 92.65 

CHENNAI – Petrol: Rs 101.37, while Diesel Price: Rs 94.15 

Meanwhile, oil prices were mixed on Friday after a boost from a drop in U.S. crude and gasoline inventories, but were still set for a weekly decline on concerns that an OPEC+ impasse could swell global crude supplies.  

Brent crude oil futures were down 9 cents, or 0.1%, at $74.03 a barrel by 0140 GMT. U.S. West Texas Intermediate futures were up 1 cent at $72.95 a barrel, said Reuters.  

Both benchmarks were headed for a loss of nearly 3% for the week, as traders remained worried that the collapse of talks between the Organization of the Petroleum Exporting Countries and allies including Russia, a group known as OPEC+, could lead to a rise in crude supplies. 

Petrol and diesel prices are revised on daily basis since June 2017 and are effected at 6 am daily. Earlier, the practice was to revise the prices fortnightly. Fuel rates vary from state to state, depending on the incidence of local taxes such as value-added tax (VAT) and freight charges. 

Those planning to fill their tank can get the indicative prices of Petrol/Diesel in their city/town by sending an SMS "RSP <space>Dealer Code of Petrol Pump” to 92249 92249. For example, SMS “RSP 102072” to 92249 92249 for petrol and diesel prices in Delhi.  You can get dealer code from IOCL website.