The fuel prices held steady on Wednesday, August 24. The last changes in the rates of the two major auto fuels were made on May 22 by the central government. The Union Finance Minister Nirmala Sitharaman had announced to bring down the petrol prices in the country by Rs. 8 per litre while the diesel prices were cut down by Rs. 6 per litre.
State-wise, Maharashtra was the last to declare a modification in the fuel prices. By cutting the Value Added Tax (VAT) by Rs. 5 per litre on petrol and Rs. 3 per litre on diesel, on July 15. The VAT cut is likely to put a burden on the state government of Rs. 6,000 crore on annual basis.
On August 24, the petrol in the national capital, Delhi, is being sold at Rs. 96.72 per litre whereas the diesel in the city costs Rs. 89.62 per litre. Mumbai has a rate of petrol that stands at Rs. 106.31 per litre post revision, while the rate of diesel there is Rs. 94.27 per litre. In Kolkata, the petrol and diesel prices are Rs. 106.03 per litre and Rs. 92.76 per litre, respectively. The fuel rates in Chennai are Rs. 102.63 per litre for petrol and Rs. 94.24 per litre for diesel.
In the international market, crude oil prices saw a rise after Saudi Arabia announced that the OPEC and allied countries might be compelled to cut oil production in an attempt to stabilise a volatile market.
Check the petrol and diesel prices on August 24 for some of the major cities here:
Delhi
Petrol: Rs 96.72 per litre
Diesel: Rs 89.62 per litre
Mumbai
Petrol: Rs 106.31 per litre
Diesel: Rs 94.27 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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