Petrol, diesel prices fall after excise duty cut; Know about fuel prices in your city

Petrol and diesel prices at local pumps remained unchanged for the 29th day even as international crude oil hovered above $110 a barrel. Petrol was priced at Rs 96.72 per liter in Delhi and Rs 111.35 per liter in Mumbai, while diesel was selling at Rs 89.62 per liter in Delhi and Rs 97.28 per liter in Mumbai.

The last change in prices was when the central government on May 21 announced a reduction in excise duty on petrol by Rs 8 per liter and on diesel by Rs 6 per liter.

Petrol in Kolkata was selling at Rs 106.03 per liter after the cut in excise duty, while diesel is now priced at Rs 92.76 per litre. Petrol in Chennai was being sold at Rs 102.63 per liter and diesel at Rs 94.24 per liter on Sunday.

In other parts of the country, the price of petrol in Bhopal on Sunday was Rs 108.65 per liter and diesel at Rs 93.90 per liter. Petrol in Hyderabad was being sold at Rs 109.66 per litre, while diesel was being sold at Rs 97.82 per litre. According to the latest notification by the oil marketing companies, the price of petrol in Bengaluru was Rs 101.94 per liter and diesel at Rs 87.89 per litre.

The price of petrol in Gandhinagar was Rs 96.63 per liter and that of diesel was Rs 92.38 per litre. In Guwahati, the price of petrol per liter was Rs 96.01 and that of diesel was Rs 83.94. Petrol in Lucknow was being sold at Rs 96.57 per liter and diesel at Rs 89.76 per litre. Petrol in Thiruvananthapuram was at Rs 107.71 per liter and diesel at Rs 96.52 per litre.

On Friday, Brent futures fell $6.69, or 5.6 percent, to $113.12 a barrel, while US West Texas Intermediate (WTI) crude fell $8.03, or 6.8 percent, to $109.56.

Petrol and diesel prices at local fuel pumps are linked to international crude oil prices and the changes should be aligned accordingly on a daily basis. However, oil marketing companies such as BPCL, HPCL and IndianOil have been reducing retail fuel prices since November 2021, when elections were held in five states (including Uttar Pradesh). The retail prices of petrol and diesel were also banned between November 2021 and March 22, 2022 (after the declaration of election results).

Petrol, Diesel Price in Delhi, Chennai and other major cities of India for Sunday, June 19:

Delhi

Petrol: Rs 96.72 per liter

Diesel: Rs 89.62 per liter

Mumbai

Petrol: Rs 111.35 per liter

Diesel: Rs 97.28 per liter

Kolkata

Petrol: Rs 106.03 per liter

Diesel: Rs 92.76 per liter

Chennai

Petrol: Rs 102.63 per liter

Diesel: Rs 94.24 per liter

Bhopal

Petrol: Rs 108.65 per liter

Diesel: Rs 93.90 per liter

Hyderabad

Petrol: Rs 109.66 per liter

Diesel: Rs 97.82 per liter

Bangalore

Petrol: Rs 101.94 per liter

Diesel: Rs 87.89 per liter

Guwahati

Petrol: Rs 96.01 per liter

Diesel: Rs 83.94 per liter

Lucknow

Petrol: Rs 96.57 per liter

Diesel: Rs 89.76 per liter

Gandhinagar

Petrol: Rs 96.63 per liter

Diesel: Rs 92.38 per liter

Thiruvananthapuram

Petrol: Rs 107.71 per liter

Diesel: Rs 96.52 per litre.

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