Petrol, Diesel Price Drops Below Rs 100 in Many Cities After Tax Cut; Check Fuel Rate

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Petrol, Diesel price today, December 04: Petrol price unchanged for one month after Centre's excise duty cut. Petrol price in Delhi at Rs 95.41

Petrol, Diesel Price Today: Petrol and Diesel prices remained stable on December 6, Monday, across India. This was for more than a month since the prices of petrol and diesel remained largely unchanged across the country. The stable rate of fuel was followed by the central government’s decision to cut down petrol price and diesel price by Rs 5 and Rs 10 by slashing the excise duty on the auto fuels. This came after petrol and diesel price touched record highs, much to the worry of the common man. The price of petrol and diesel was slashed on the eve of Diwali last month, following which several states took cue and cut down the Value Added Tax on them.

With the Centre’s tax reduction and state’s VAT cut, petrol price in Delhi today 2021 remained unchanged to Rs 95.41. Petrol price in Mumbai stood at Rs 109.98 per litre on the day, the highest among the metropolitan city. In Kolkata, price of one litre of petrol on Saturday stood at Rs 104.67. In Chennai, petrol price was at Rs 101.40 for one litre on Saturday. Petrol price in Ahmedabad was at Rs 95.13 on the day.

A litre of diesel in Delhi cost Rs 86.67 on the day. Diesel price in the financial capital was retailing at Rs 94.14 for one litre after the price cut, and was unchanged too. The price of one litre of diesel was fixed at Rs 89.79 in Kolkata. In Chennai, diesel price stood at Rs 91.43 per litre. On the other hand, a litre of diesel would cost Rs 90.87 in Madhya Pradesh’s Bhopal.

Petrol and diesel prices vary from state to state based on various factors like international crude oil prices, VAT and freight charges among others. The oil marketing companies update the price of petrol and diesel everyday at 6 am.

International crude oil prices rose by more than $1 a barrel on Monday after top exporter Saudi Arabia raised prices for its crude sold to Asia and the United States. Brent crude futures for February gained $1.69, or 2.4 per cent, to $71.57 a barrel by 0033 GMT while U.S. West Texas Intermediate crude for January were at $67.92 a barrel, up $1.66, or 2.5 per cent.

Following are the prices of diesel and petrol across some major cities in the country:

Petrol price in Mumbai: Rs 109.98 per litre

Diesel price in Mumbai: Rs 94.14 per litre

Petrol price in Delhi: Rs 95.41 per litre

Diesel price in Delhi: Rs 86.67 per litre

Petrol price in Chennai: Rs 101.40 per litre

Diesel price in Chennai: Rs 91.43 per litre

Petrol price in Kolkata: Rs 104.67 per litre

Diesel price in Kolkata: Rs 89.79 per litre

Petrol price in Bhopal: Rs 107.23 per litre

Diesel price in Bhopal: Rs 90.87 per litre

Petrol price in Hyderabad: Rs 108.20 per litre