UP Petrol Diesel Price 18 June: What will be the effect on your pocket today? Know the latest rates of petrol and diesel in UP
UP Petrol Diesel Price 18 June: Fuel prices remained stable across India on June 18, while tensions in West Asia and disruptions in key shipping routes remain uncertain in the global crude market. There has been no change in the prices of petrol and diesel since May 25. At that time, government fuel companies had increased the price of petrol by ₹ 2.61 per liter and diesel by ₹ 2.71 per liter. Due to rising crude oil prices and falling rupee value, the total price after this hike has increased by more than ₹7.50 per litre.
How are petrol and diesel prices decided in India?
The prices of fuel sold at petrol pumps are determined by many global, economic and domestic factors. The most important among these is the international price of crude oil. Being the main raw material for both petrol and diesel, it has the biggest impact on the final price paid by customers.
The exchange rate between rupee and dollar is also an important factor, because India fulfills most of its crude oil needs through imports. When the rupee weakens against the dollar, the cost of purchasing crude oil increases, which can directly lead to an increase in retail fuel prices.
| City | Latest prices of petrol | latest diesel prices |
| Kanpur | Rs 101.75 | Rs 95.24 |
| Lucknow | Rs 101.89 | Rs 95.36 |
| Noida | Rs 102.12 | Rs 95.56 |
| Ghaziabad | Rs 102.10 | Rs 95.58 |
| Agra | Rs 101.80 | Rs 95.27 |
| Varanasi | Rs 102.07 | Rs 95.57 |
| Meerut | Rs 101.56 | Rs 95.05 |
| Moradabad | Rs 102.30 | Rs 95.77 |
| Aligarh | Rs 102.92 | Rs 95.38 |
| Prayagraj | Rs 103.84 | Rs 97.21 |
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