Petrol and diesel prices in India remained steady on Thursday, maintaining a trend of price stability that has lasted for eight months. In Delhi, the price of petrol is ₹96.72 per litre, while diesel is priced at ₹89.62 per litre. In Mumbai, petrol costs ₹106.31 per litre, while diesel is priced at ₹94.27 per litre. The last nationwide adjustment to fuel prices was made on May 21 when the Finance Minister, Nirmala Sitharaman, reduced the excise duty on petrol by ₹8 per litre and on diesel by ₹6 per litre.
Prices differ from state to state because of a number of variables, such as the Value Added Tax (VAT) levied, freight costs, municipal taxes, etc.
City | PETROL PRICE (Rs/LITRE) | DIESEL PRICE (Rs/LITRE) |
JAIPUR | ₹ 108.57 | ₹ 93.80 |
CHENNAI | ₹ 102.73 | ₹ 94.33 |
BENGALURU | ₹ 101.94 | ₹ 87.89 |
KOLKATA | ₹ 106.03 | ₹ 92.76 |
PATNA | ₹ 107.24 | ₹ 94.04 |
Every day, the oil companies update the prices of petrol and diesel. Previously, fuel prices were revised every 15 days. In 2014, Centre deregulated the price of petroland diesel. As of 2017, the cost of fuel is updated every day.