Petrol and diesel prices today — 2 September: Check fuel rates in Delhi, Mumbai, Bengaluru
Over the past 10 days, Mumbai petrol prices have ranged from ₹111.21 to ₹117.61 per litre
On Wednesday, September 2, domestic petrol and diesel prices remained unchanged across major cities like Mumbai, Delhi, and Bengaluru, despite global crude prices surging due to Middle Eastern geopolitical tensions. In Mumbai, petrol was priced at ₹111.21 per litre and diesel at ₹97.83 per litre, with prices fluctuating between ₹111.21 and ₹117.61 over the past ten days.
In New Delhi, consumers paid ₹102.12 per litre for petrol and ₹95.20 for diesel. Fuel prices in India differ across states, influenced by local value-added tax (VAT) and freight charges. Meanwhile, CNG prices in Delhi and surrounding areas were raised by ₹3.89 per kg, effective August 29. This led Delhi's transport authorities to demand an immediate increase in autorickshaw fares, threatening a strike on September 9 if their request was not granted.
The central government introduced revised Special Additional Excise Duty (SAED) rates on September 1, increasing the windfall levy on petrol and diesel shipments while slightly reducing jet fuel duties. However, domestic consumer prices remained unaffected by this revision. International oil benchmarks rose nearly 1% early Wednesday, following a $4 increase from the previous day.
Supply risk premiums widened after the U.S. launched airstrikes in Iran, causing retaliatory strikes and dampening hopes for an immediate resolution. Brent crude futures climbed 87 cents, or 0.92%, to $95.52 a barrel, while U.S. West Texas Intermediate (WTI) crude increased 80 cents, or 0.89%, to $91.02 a barrel. The previous session witnessed the largest single-day rise for both benchmarks since late July.
Written by urgent.news from Live Mint's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
