Petrol and diesel prices on Thursday remained unchanged across the country by Oil Marketing Companies (OMCs). The petrol and diesel prices have not been revised in over two months.
A litre of petrol in Delhi today is priced at Rs 96.72 while the price of diesel is at Rs 89.62 a litre. In Mumbai, one litre of petrol today is priced at Rs 106.31 while diesel retails at Rs 94.27 per litre, according to the data on Indian Oil Corporation’s website showed.
Prices have held steady for 71 days now across the country, except in Maharashtra where the state government announced a cut in value-added tax (VAT) on petrol by Rs 5 a litre and by Rs 3 a litre for diesel earlier last month. This brought down the price of petrol to Rs 106 a litre and diesel to Rs 94 per litre in Mumbai.
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The petrol price & diesel price are revised on a regular basis by public sector OMCs – Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL) and Hindustan Petroleum Corporation Ltd (HPCL). Retail petrol and diesel prices differ from state to state because of local taxes like VAT or freight charges.
The petrol price & diesel price were last revised on May 22 after Finance Minister Nirmala Sitharaman announced a cut in excise duty on petrol and diesel by Rs 8 per litre, and Rs 6 per litre respectively.
Since then fuel prices have been unchanged across the country except in Maharashtra where the new state government last month reduced the value-added tax (VAT) on petrol and diesel by Rs 5 and Rs 3, respectively.
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Here are the petrol and diesel prices in four major cities – Delhi, Mumbai, Chennai, Kolkata
Petrol, diesel prices in Delhi:
Petrol price: Rs 96.72 per litre, Diesel price: Rs 89.62 per litre
Petrol, diesel prices in Mumbai:
Petrol price: Rs 106.31 per litre, Diesel price: 94.27 per litre
Petrol, diesel prices in Chennai:
Petrol price: Rs 102.63 per litre, Diesel price: Rs 94.24 per litre
Petrol, diesel prices in Kolkata:
Petrol price: Rs 106.03 per litre, Diesel price: Rs 92.76 per litre
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