Petrol, diesel prices steady in Maharashtra as Trump remarks push crude higher; only Palghar changes

US President Donald Trump has indicated that he will not enter into any agreement with Iran. Crude oil prices have since started climbing again. The single statement set off immediate movement in the global oil market. Hopes that the West Asia conflict would end and oil supplies would run smoothly have weakened.

In India, the picture is different for now. Oil companies released petrol and diesel prices at 6 am today, as they do every day. There was no change in rates across the country. Prices in Maharashtra are the same as yesterday, except in one district.

That district is Palghar, where petrol is Rs 112.04 (+0.34) and diesel Rs 98.66 (+0.32).

District-wise petrol prices are: Ahmednagar Rs 112.41, Akola Rs 111.78, Amravati Rs 111.97, Aurangabad Rs 112.08, Bhandara Rs 112.81, Beed Rs 112.45, Buldhana Rs 112.63, Chandrapur Rs 112.58, Dhule Rs 112.19, Gadchiroli Rs 112.95, Gondia Rs 113.04, Mumbai (Greater Mumbai) Rs 111.21, Hingoli Rs 113.17, Jalgaon Rs 112.57, Jalna Rs 113.21, Kolhapur Rs 112.60 and Latur Rs 112.61.

Petrol costs Rs 111.72 in Nagpur, Rs 113.18 in Nanded, Rs 112.48 in Nandurbar, Rs 112.24 in Nashik, Rs 112.45 in Dharashiv, Rs 113.16 in Parbhani, Rs 111.90 in Pune, Rs 111.46 in Raigad, Rs 113.17 in Ratnagiri, Rs 112.44 in Sangli, Rs 111.88 in Satara, Rs 113.17 in Sindhudurg, Rs 111.85 in Solapur, Rs 111.31 in Thane, Rs 112.38 in Wardha, Rs 112.63 in Washim and Rs 113.17 in Yavatmal.

Diesel prices are: Ahmednagar Rs 99.06, Akola Rs 98.48, Amravati Rs 98.64, Aurangabad Rs 98.72, Bhandara Rs 99.47, Beed Rs 99.11, Buldhana Rs 99.28, Chandrapur Rs 99.26, Dhule Rs 98.84, Gadchiroli Rs 99.61, Gondia Rs 99.66, Mumbai (Greater Mumbai) Rs 97.83, Hingoli Rs 99.83, Jalgaon Rs 99.20, Jalna Rs 99.87, Kolhapur Rs 99.25 and Latur Rs 99.21.

Diesel costs Rs 98.38 in Nagpur, Rs 99.83 in Nanded, Rs 99.13 in Nandurbar, Rs 98.89 in Nashik, Rs 99.11 in Dharashiv, Rs 99.83 in Parbhani, Rs 98.55 in Pune, Rs 98.11 in Raigad, Rs 99.83 in Ratnagiri, Rs 99.11 in Sangli, Rs 98.53 in Satara, Rs 99.83 in Sindhudurg, Rs 98.52 in Solapur, Rs 97.97 in Thane, Rs 99.05 in Wardha, Rs 99.28 in Washim and Rs 99.83 in Yavatmal.

With petrol between Rs 111 and Rs 113 in Maharashtra, many people will call it expensive. But compared with the rest of the world, prices in India are still lower. The global average petrol price is Rs 145.86 a litre, against Rs 108.65 in India, about Rs 37 less.

Diesel is similar. The global average is Rs 155.87 a litre, while in India it is only Rs 98.10, a difference of about Rs 57. There is therefore no need to panic for now. Crude has become costlier after Trump's remarks, but prices in India have not yet gone up.

What happens next will be known only from the oil companies' update at 6 am tomorrow. Those who need to fill their tank may want to do so today, as prices could rise tomorrow.