Petrol, diesel prices: The petrol and diesel prices in the national capital Delhi hovered at ₹96.72 and ₹89.62, respectively.
Continuing an eleven-month trend of price stability, the cost of petrol and diesel stayed unchanged on Wednesday. In India, petrol prices are revised daily at 6 am by the Oil Marketing Companies (OMCs) like Indian Oil, Bharat Petroleum and Hindustan Petroleum based on the international prices. The petrol and diesel prices in the national capital Delhi hovered at ₹96.72 and ₹89.62, respectively, while in the financial capital Mumbai, petrol is being retailed at ₹106.31 per litre and diesel at ₹94.27 per liter. In Chennai, petrol is being sold at ₹102.63 per liter while diesel costs ₹94.24 per litre. In Kolkata, petrol can be bought at ₹106.03 per litre and diesel for ₹92.76 per litre. The price breakup of petrol is as follows: Price at which distributors buy from OMCs+ excise duty+ dealer’s commission+ value added tax levied by the state government= Petrol price. The previous pan-India revision to petrol and diesel rates was done on May 21 last year, when finance minister Nirmala Seetharaman reduced the excise duty on petrol and diesel by Rs. 8 per litre and Rs. 6 per litre, respectively.
Petrol, Diesel Prices on May 10: What are the Latest Rates In your City?
