Petrol and diesel prices remain unchanged for 3 months now as on 24th August. On May 21, Finance Minister Nirmala Sitharaman announced a cut in excise duty on petrol by Rs 8 per liter and on diesel by Rs 6 per liter. After that, the Maharashtra government announced a reduction in Value Added Tax (VAT) on petrol and diesel by Rs 5 per liter and Rs 3 per liter respectively. The reduction in VAT will cost the state exchequer Rs 6,000 crore annually.
Today the price of petrol in Delhi is Rs 96.72 per liter, while the price of diesel is Rs 89.62 per litre. Petrol in Mumbai costs Rs 106.31 per liter, while diesel costs Rs 94.27 per liter in Mumbai.
Petrol, Diesel Price in Bengaluru, Chennai, Kolkata, Lucknow, Hyderabad, Noida, Gurugram, Chandigarh
Today the price of petrol in Delhi is Rs 96.72 per liter, while the price of diesel is Rs 89.62 per litre. Petrol in Mumbai costs Rs 106.31 per liter, while diesel costs Rs 94.27 per liter in Mumbai.
Petrol, Diesel Price in Bengaluru, Chennai, Kolkata, Lucknow, Hyderabad, Noida, Gurugram, Chandigarh
Public sector oil marketing companies such as Bharat Petroleum Corporation Limited (BPCL), Indian Oil Corporation Limited (IOCL) and Hindustan Petroleum Corporation Limited (HPCL) revise fuel prices daily in line with international benchmark prices and foreign exchange rates. Retail petrol and diesel prices vary from state to state due to local taxes such as VAT or freight charges.
crude oil price
On Wednesday morning, crude oil prices saw a decline in comparison to the previous trading session. According to Reuters, Brent crude futures were trading 21 cents down at $100.01 a barrel, while WTI crude was down 10 cents at $93.64 a barrel.