Fuel Watch July 10: Prices Hold Steady Across India Amid Global Calm

India’s petrol and diesel prices remained unchanged on July 10, continuing a two-year streak of stability. Oil Marketing Companies (OMCs) updated rates at 6 AM, aligning with global crude trends and currency fluctuations, but no revisions were made.

1. City-Wise Price Snapshot
   - Delhi: Petrol ₹94.72, Diesel ₹87.62  
   - Mumbai: Petrol ₹104.21, Diesel ₹92.15  
   - Chennai: Petrol ₹100.75, Diesel ₹92.34  
   - Kolkata: Petrol ₹103.94, Diesel ₹90.76  
   - Bengaluru: Petrol ₹102.92, Diesel ₹89.02  
   - Hyderabad: Petrol ₹107.46, Diesel ₹95.70  
   - Chandigarh: Petrol ₹94.30, Diesel ₹82.45  
   - Patna: Petrol ₹105.58, Diesel ₹93.80  
   - Ahmedabad: Petrol ₹94.49, Diesel ₹90.17  
   - Pune: Petrol ₹104.04, Diesel ₹90.57

2. Why Prices Stay Flat
   - Fuel rates have held steady since May 2022, following central and state tax cuts  
   - Crude oil prices and rupee-dollar exchange rates remain relatively stable  
   - Regulatory buffers like excise duties and informal price caps help absorb volatility

3. How to Check Prices Daily
   - Indian Oil: SMS city code + RSP to 9224992249  
   - BPCL: Send RSP to 9223112222  
   - HPCL: Text HP Price to 9222201122

4. Global Context
   - Brent crude hovered near $69.95 per barrel, with minimal movement  
   - Monsoon season and tariff uncertainties have softened demand, aiding price stability

Sources: News18, NDTV Profit, Hindustan Times, Economic Times, Firstpost, MSN News