Since the month of February, diesel and petrol prices have gained over $7 per barrel. It has pushed Oil Marketing Companies to raise fuel prices on 14 occasions, raising petrol price by Rs 4.22 and diesel prices by Rs 4.34 per litre in Delhi. The petrol and diesel prices were last hiked on February 27, by 24 paise per litre and 15 paise a litre respectively in Delhi.
Oil marketing companies keep petrol and diesel prices at pause for 12 consecutive days. The central government makes INR 32.98 per litre for petrol price in New Delhi and VAT or sales tax of the state government constitutes Rs 19.55. For diesel, the central excise adds Rs 31.83 and VAT to Rs 10.99. In addition to this, the petrol and diesel price also includes a dealer commission of at least Rs 2.6 per litre on petrol and Rs 2 on diesel.
Also Read: Soon, A Merger Of 12% and 18% GST Rate Slabs
You may know that diesel and prices are revised daily with foreign exchange rates and international price. The increase in petrol prices on different occasions has taken petrol over Rs 100 in some cities in the country. On Wednesday, crude oil fell by 1.09 per cent to Rs 4,629 per barrel.
Diesel and Petrol Prices in Different Cities of India
As we said above, a few cities in India have crossed the petrol price by Rs 100. However, let’s have a look at the fuel prices in some major cities of India.
- As per the OMCs price notification, diesel and petrol prices in Delhi are Rs 81.47 per litre and Rs 91.17, respectively.
- In Mumbai, fuel prices remained constant. Diesel and petrol are sold at Rs 88.60 and Rs 97.57 per litre, respectively.
- The petrol price in Chennai is Rs 93.11 per litre whereas the price of the diesel is recoded as Rs 86.45 per litre.
- In Kolkata, the petrol price is Rs 91.35 per litre and diesel costs Rs 84.35 per litre.
- If we talk about Pune city, you will get petrol at Rs 97.21 per litre and diesel at Rs 86.90 per litre.
