On Tuesday, the prices of petrol and diesel remained steady, continuing their stable trend. In Delhi, the capital city of India, the current prices for petrol and diesel are ₹96.72 and ₹89.62 per litre, respectively. In Mumbai, the price of petrol stands at ₹106.31 per litre, while diesel is being sold at ₹94.27 per litre.
Here are the fuel rates in various other cities:
CITY | PETROL (Rs/litre) | DIESEL (Rs/litre) |
Delhi | 96.72 | 89.62 |
Kolkata | 106.03 | 92.76 |
Chennai | 102,63 | 94.24 |
Mumbai | 106.31 | 94.27 |
The fuel prices are updated by Oil Marketing Companies (OMCs) every morning at 6 am, based on the latest market trends. The government does not have direct control over these prices, and it is the responsibility of the OMCs to make the required adjustments. Fuel prices are regulated by the Central government through factors like excise duty, base prices, and cap prices.
The Centre collects excise duty, while the states collect Value Added Tax (VAT). As each state has its own VAT rates, the pricing of fuel may vary accordingly.
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