Fuel rates on January 2, 2023: Check petrol and diesel price in your city today.
Petrol and diesel prices remain steady across the country on Monday, January 2 as prices continue to remain stable
The prices of two primary automotive fuels – petrol and diesel in the country have remained stable since last year. This is courtesy the price stabilization imposed by the central government in light of the losses incurred by oil marketing companies (OMCs) in the wake of the pandemic and the Russo-Ukrainian conflict. Government defends price stabilization stating fuel price India One of the lowest in the world, and with OMCs saying they are yet to recover losses over the past few quarters, prices are likely to remain stable.
The last time petrol and diesel prices in India changed on May 21 this year was when the government reduced the excise duty on both the fuels.
With prices continuing to remain stable, petrol and diesel prices remained steady across the country on Monday, January 2 as well.
The only metropolitan city in India where the price of petrol did not exceed Rs 100 was Delhi, where a liter of petrol retailed at Rs 96.72. One liter of petrol was the most expensive in Mumbai among the metropolitan cities of India, where petrol was being sold at Rs 106.31. In Kolkata, the price of the same quantity of fuel was trading at Rs 106.03, down by just Rs 0.28. One liter of petrol sold at Rs 102.73 in Chennai.
Owners of diesel vehicles were better off in terms of fuel prices. Diesel is priced at Rs 89.62 per liter in Delhi and Rs 94.27 per liter in Mumbai. In Kolkata, the fuel cost Rs 92.76 per litre, while the same amount of fuel in Chennai was priced at Rs 94.24 per litre.
Here’s a look at fuel rates across various cities in India on January 2:
Delhi
Petrol: Rs 96.72 per liter
Diesel: Rs 89.62 per liter
Chennai
Petrol: Rs 102.73 per liter
Diesel: Rs 94.33 per liter
Kolkata
Petrol: Rs 106.03 per liter
Diesel: Rs 92.76 per liter
Mumbai
Petrol: Rs 106.31 per liter
Diesel: Rs 94.27 per liter
Bangalore
Petrol: Rs 101.94 per liter
Diesel: Rs 87.89 per liter
Lucknow
Petrol: Rs 96.57 per liter
Diesel: Rs 89.76 per liter
Bhopal
Petrol: Rs 108.65 per liter
Diesel: Rs 93.90 per liter
Gandhi Nagar
Petrol: Rs 96.63 per liter
Diesel: Rs 92.38 per liter
Hyderabad
Petrol: Rs 109.66 per liter
Diesel: Rs 97.82 per liter
Thiruvananthapuram
Petrol: Rs 107.71 per liter
Diesel: Rs 96.52 per liter
The price of petrol and diesel varies by state and region in India, mainly due to duties imposed by state governments on these fuels, the primary of such additional duties being Value Added Tax (VAT). Globally, the price of crude oil and its derived fuels fluctuates every day due to changes in exchange rates, supply and demand factors and even policy decisions.
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