On July 1, the trend of petrol and diesel prices in the country remained stagnant for more than a month. consumers of petrol in delhi 96.72 per litre, while diesel consumers will have to pay Rs 89.62 per litre. In the country’s financial capital Mumbai, a liter of petrol can be purchased for Rs 111.35, while a liter of diesel is available for Rs 97.28. Petrol is being sold at Rs 106.03 per liter and diesel at Rs 92.76 per liter in Kolkata. Petrol consumers in Chennai are paying Rs 102.63 per litre, while diesel consumers in Tamil Nadu capital are paying Rs 94.24 per litre.
decrease in fuel prices That came when Union Finance Minister Nirmala Sitharaman on May 21 announced a reduction in excise duty on petrol and diesel by Rs 8 and Rs 6 per liter respectively. With this move, the rates of petrol have been reduced by Rs 9.5 per liter and that of diesel by Rs 7 per liter.
in fuel prices India These are determined and revised by Oil Marketing Companies (OMCs) on a daily basis. These prices are determined on the benchmark average price of the fuel over the past 15 days in the global market and foreign exchange rates. Apart from OMC, the fuel price also varies from state to state; This happens because the prices of petrol and diesel depend on many local factors which affect their price. The cost of petrol and diesel in a state can vary due to factors such as freight charges and local taxes (VAT).
Petrol, Diesel Price in Delhi, Chennai and other major cities of India as on 1st July:
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 liter
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