The fear linked to the rise in fuel prices in India seems to be never-ending. Do we blame the crude oil or the taxes levied by central and state governments? Who is responsible for the steep rise in petrol rates? While petrol and diesel prices in India remain steady for over a month now, they are still a burden on the pockets of Indian households. Oil Marketing Companies (OMCs) have kept the fuel price steady since May 21, after the excise duty on petrol was reduced by Rs 8 per litre, and on diesel by Rs 6 per litre. Despite the reduction, petrol rates continue to soar above Rs 100 per litre in several cities.
As of today, June 26, petrol consumers in Delhi have to pay Rs 96.72 a litre, while diesel car owners will be paying Rs 89.62 a litre. If you are in Mumbai, the retail price of petrol stands at Rs 111.35 per litre, while the diesel price is Rs 97.28 per litre. In Kolkata as well, the petrol price is soaring above Rs 100 per litre. The petrol rate in the city of West Bengal is Rs 106.03 per litre, while diesel price is Rs 92.7 per litre. The petrol rates in Chennai stand at Rs 102.63, while the diesel rates stand at Rs 94.24 per litre.
The petrol and diesel rates across the country are revised by public sector OMCs like Indian Oil Corporation Ltd (IOCL), Hindustan Petroleum Corporation Ltd (HPCL), and Bharat Petroleum Corporation Ltd (BPCL). All the changes made in the prices of petrol and diesel get implemented from 6 am daily.
Fluctuations in the fuel rates depend on a number of factors including foreign exchange rates, international crude oil prices, global inflation and others. The petrol and diesel prices are not same across cities. This is due to the local factors like state taxes, VAT (value-added tax), freight charges, which keep changing from state to state.
Petrol, Diesel Prices on June 26, in Delhi, Chennai and Other Major Cities in India:
Delhi
Petrol: Rs 96.72 per litre
Diesel: Rs 89.62 per litre
Mumbai
Petrol: Rs 111.35 per litre
Diesel: Rs 97.28 per litre
Kolkata
Petrol: Rs 106.03 per litre
Diesel: Rs 92.76 per litre
Chennai
Petrol: Rs 102.63 per litre
Diesel: Rs 94.24 per litre
Bhopal
Petrol: Rs 108.65 per litre
Diesel: Rs 93.90 per litre
Hyderabad
Petrol: Rs 109.66 per litre
Diesel: Rs 97.82 per litre
Bengaluru
Petrol: Rs 101.94 per litre
Diesel: Rs 87.89 per litre
Guwahati
Petrol: Rs 96.01 per litre
Diesel: Rs 83.94 per litre
Lucknow
Petrol: Rs 96.57 per litre
Diesel: Rs 89.76 per litre
Gandhinagar
Petrol: Rs 96.63 per litre
Diesel: Rs 92.38 per litre
Thiruvananthapuram
Petrol: Rs 107.71 per litre
Diesel: Rs 96.52 per litre.
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