Petrol and diesel prices on Thursday remained steady across metro cities for more than a month.
New Delhi:
Petrol and diesel prices on Thursday remained steady across metro cities for more than a month. On May 21, the Centre announced a cut in excise duty on petrol and diesel by ₹ 8 and ₹ 6 a litre, respectively. The move marked a reduction of petrol rates by ₹ 9.5 per litre and diesel by ₹ 7 a litre.
In Delhi, a litre of petrol costs ₹ 96.72, while the diesel rate stands at ₹ 89.62 per litre.
Petrol is currently retailed at ₹ 111.35 per litre in Mumbai, while diesel is sold at ₹ 97.28.
Petrol now costs ₹ 102.63 in Chennai, while diesel price stands at ₹ 94.24. In Kolkata, petrol is retailed at ₹ 106.03 and diesel is sold at ₹ 92.76.
Fuel prices are the highest in Mumbai among all four metro cities. The rates vary across states due to the value-added tax (VAT).
In Delhi, a litre of petrol costs ₹ 96.72, while the diesel rate stands at ₹ 89.62 per litre.
Petrol and diesel prices on Thursday remained steady across metro cities for more than a month. On May 21, the Centre announced a cut in excise duty on petrol and diesel by ₹ 8 and ₹ 6 a litre, respectively. The move marked a reduction of petrol rates by ₹ 9.5 per litre and diesel by ₹ 7 a litre.
In Delhi, a litre of petrol costs ₹ 96.72, while the diesel rate stands at ₹ 89.62 per litre.
Petrol is currently retailed at ₹ 111.35 per litre in Mumbai, while diesel is sold at ₹ 97.28.
Petrol now costs ₹ 102.63 in Chennai, while diesel price stands at ₹ 94.24. In Kolkata, petrol is retailed at ₹ 106.03 and diesel is sold at ₹ 92.76.
Fuel prices are the highest in Mumbai among all four metro cities. The rates vary across states due to the value-added tax (VAT).
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Click Here To Check Fuel Rates Across Metros, Other Cities
State-run oil refiners such as Indian Oil Corp, Bharat Petroleum, and Hindustan Petroleum revise the fuel rates on a daily basis, by taking into account the crude oil prices in the international markets, and the rupee-dollar exchange rates. Any changes in fuel prices are implemented with effect from 6 am every day.
India imports 85 per cent of its crude oil needs, and the domestic fuel rates are linked to international rates.
Globally, oil prices eased as Brent crude futures moved 0.36 per cent lower to trade at $115.84 per barrel. U.S. West Texas Intermediate (WTI) crude futures edged 0.06 per cent higher to $109.85 a barrel.
Source:ndtv.com