Petrol and Diesel prices on Friday remained sky-high for the 23rd consecutive day. In the national capital, the petrol prices stood at Rs 105.41 per litre, while diesel retails at 96.67 per litre. Whereas in Mumbai, the petrol rates were Rs 120.51 per litre, and diesel Rs 104.77 per litre, according to a notification from oil marketing companies (OMCs).
In Kolkata, the per-litre price of petrol is Rs 115.12, while diesel is being retailed at Rs 99.83 per litre. A liter of petrol in Chennai costs Rs 110.85, while a liter of diesel is sold for Rs 100.94 a litre.
Fuel prices across the country observed a steep rise after the conclusion of assembly elections in Punjab, Uttar Pradesh, Uttarakhand, Goa and Manipur in March. Notably, the revision in fuel prices varies from state to state, since it depends on factors like local taxes, VAT (Value Added Tax), freight charges, among others.
The OMCs are responsible for revising the fuel prices daily. The variation in prices depends on the benchmark international crude oil prices and foreign exchange rates. Petrol and diesel price revisions are implemented every day with effect from 6 am. The OMCs made their last hike in fuel prices on April 6. The petrol and diesel prices have been following a steady streak, for the last 23 days.
The increase in retail price was warranted by rising crude oil prices during the 137-day hiatus from – $82 per barrel to $120. But state-owned fuel retailers like – Indian Oil Corporation (IOC), Hindustan Petroleum Corporation Ltd (HPCL), and Bharat Petroleum Corporation Ltd (BPCL) are passing on the required increase in stages.
Meanwhile, Prime Minister Narendra Modi recently urged non-BJP states to cut fuel tax in the national interest. He stated that the states which did not reduce prices last November should do it now.
Petrol, Diesel Prices on Friday, April 29, in Delhi, Chennai and Other Major Cities in India:
Delhi
Petrol – Rs 105.41 per liter
Diesel – Rs 96.67 per liter
Mumbai
Petrol – Rs 120.51 per liter
Diesel – Rs 104.77 per liter
Kolkata
Petrol – Rs 115.12 per liter
Diesel – Rs 99.83 per liter
Chennai
Petrol – Rs 110.85 per liter
Diesel – Rs 100.94 per liter
Bhopal
Petrol – Rs 118.14 per liter
Diesel – Rs 101.16 per liter
Hyderabad
Petrol – Rs 119.49 per liter
Diesel – Rs 105.49 per liter
Bengaluru
Petrol – Rs 111.09 per liter
Diesel – Rs 94.79 per liter
Guwahati
Petrol – Rs 105.66 per liter
Diesel – Rs 91.40 per liter
Lucknow
Petrol – Rs 105.25 per liter
Diesel – Rs 96.83 per liter
Gandhinagar
Petrol – Rs 105.29 per liter
Diesel – Rs 99.64 per liter
Thiruvananthapuram
Petrol – Rs 117.19 per liter
Diesel – Rs 103.95 per liter
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