Petrol, Diesel Rates Today: The continuous rise in petrol and diesel prices finally stopped on Wednesday (September 25). Petrol and diesel prices have been rising daily for the last 8 days from September 17 following attacks on Saudi Arabian crude oil facilities. However, on Wednesday, the state-run oil marketing companies did not increased petrol and diesel prices in New Delhi, Mumbai, Kolkata, Chennai, Gurugram and Noida.
Fuel (Petrol, Diesel, CNG) Rates In Indian Cities
The petrol prices in Delhi remained at Rs 74.13 a litre while diesel prices were at Rs 67.07 per litre on Wednesday, according to the fuel price data available on the website of Indian Oil Corporation Ltd (IOCL).
The price of petrol in Noida stayed at Rs 75.61 a litre while diesel was selling at Rs 67.39 a litre. In Gurugram, petrol is retailing at Rs 73.81 a litre, diesel price in Gurugram is Rs 66.23 per litre.
In Mumbai, petrol was priced at Rs 79.79 per litre. A litre of diesel is priced at Rs 70.37 per litre in Mumbai. In Chennai, the retail price of petrol remained Rs 77.06 a litre, while diesel was being sold at Rs 70.91 a litre. In Kolkata, petrol is retailing at Rs 76.82 a litre today, while diesel price were at Rs 69.49 a litre today.
The price of CNG is Rs 47.10 a kg in Delhi this month. The price of CNG is Rs 52.95 a kg in Noida while CNG is priced at Rs 58.45 per kg in Gurugram.
Why Fuel Prices Change Every Day?
The fuel prices are in India are revised on a daily basis. Petrol and diesel prices are revised every day at 06:00 am to sync it with the variation in global oil prices. When international crude oil prices gain, prices in India move higher. Other factors also impact the price of fuel like rupee to US dollar exchange rate, cost of crude oil, global cues, demand for fuel, and so on.
Why Fuel Prices Differ In Every City?
Price of fuel includes excise duty, value added tax (VAT), and dealer commission. As VAT varies from state to state, the price of fuel is different in every city.