◼Todays Petrol price in Hyderabad is ₹ 94.86 as of 7th May 2021.
Petrol prices in Hyderabad have been turning more volatile, as prices of crude oil have been showing a firm trend. It is important to check todays petrol price in Hyderabad ₹ 94.86 7th May 2021 , especially if you are going for a long drive. Remember, petrol and diesel prices are revised daily, so you can lose much, if you are travelling on a long distance. The rupee has also moved lower against the dollar, which has made petrol prices in Hyderabad more expensive than before. It is hoped that the government can reduce excise duties, so as to enable rates to become more cheaper in the coming days.
The main reason behind hike of petrol and diesel price is the 5 state election impact, it has observed state wise the price has hiked. The state-run oil marketing companies, Indian Oil Corporation, Bharat Petroleum and Hindustan Petroleum, align the rates of domestic fuel with the global crude oil prices by taking into account changes in the foreign exchange rates.
The new changes in fuel prices are implemented with effect from 6 am each day.Petrol and diesel prices have been hiked up to 31 paise across the metros on Friday, May 7, 2021. In Delhi, petrol prices have been increased by 28 paise from Rs 90.99 per litre to Rs 91.27 per litre and diesel prices have been raised by 31 paise from Rs 81.42 per litre to Rs 81.73 per litre, according to Indian Oil Corporation. In Mumbai, the revised prices of petrol and diesel are Rs 97.61 per litre and Rs 88.82 per litre respectively, according to the state-run oil refiner. Presently, fuel prices are the highest in Mumbai among the four metro cities. Petrol and diesel prices vary across states in India due to the value-added tax.
Article Written By – Journalist Hannan Fatima
