Fuel prices have seen fluctuations in several states, including Madhya Pradesh, with crude oil reaching over $83 a barrel. As of February 29, new rates for petrol and diesel have been announced. In Bhopal, the capital of Madhya Pradesh, the price of petrol stands at ₹108.65 per liter, while diesel is priced at ₹93.90 per liter.
Nationwide Overview
On the last day of February, oil companies have released new rates for petrol and diesel. Uttar Pradesh has experienced an increase in fuel prices. Haryana, Kerala, and Madhya Pradesh, on the other hand, have observed a reduction in fuel rates on Thursday. No changes were observed in several states, including Bihar, Assam, Chhattisgarh, and Delhi.
Current Prices in Major Cities
- In Delhi, the price of petrol is ₹96.72 per liter, and diesel is ₹89.62 per liter.
- In Mumbai, petrol is priced at ₹106.31 per liter, and diesel at ₹94.27 per liter.
- In Kolkata, petrol costs ₹106.03 per liter, and diesel is priced at ₹92.76 per liter.
- In Bangalore, petrol is ₹101.94 per liter, and diesel is ₹87.79 per liter.
Changes in Fuel Prices in MP Districts
Fuel prices in Madhya Pradesh have also experienced fluctuations. Bhind, Gwalior, Hoshangabad, and Shivpuri have seen an increase, while Narsinghpur, Rajgarh, Katni, Harda, Damoh, and Betul have witnessed a decrease. Prices in Indore, Ujjain, Bhopal, Khandwa, and Rewa remain stable.
Fuel Prices in Major MP Cities
- In Bhopal, petrol is priced at ₹108.65 per liter, and diesel at ₹93.90 per liter.
- In Indore, petrol costs ₹108.67 per liter, and diesel is ₹93.95 per liter.
- In Gwalior, petrol is priced at ₹108.91 per liter, and diesel at ₹94.14 per liter.
- In Jabalpur, petrol costs ₹108.56 per liter, and diesel is ₹93.84 per liter.
- In Ujjain, petrol is ₹109.14 per liter, and diesel is ₹94.37 per liter.
Global Crude Oil Market
There has been a decrease in crude oil prices in the global market. Brent crude is trading at $83.53 per barrel, while WTI crude is priced at $78.41 per barrel.
Checking Fuel Prices
For real-time fuel prices, individuals can use the IndianOil One app on their smartphones. To check fuel rates in their city, they can send an SMS to 9224992249 with “RSP<space> dealer code.”
These developments in fuel prices, both at the national and global levels, indicate the volatility in the energy market. As citizens monitor these fluctuations, it remains to be seen how governments and oil companies navigate these challenges to ensure stable and affordable fuel prices.