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On Tuesday, July 5, petrol and diesel prices were left unchanged. Prices of fuel have remained steady since May 21, when Union Finance Minister Nirmala Sitharaman announced a cut in excise duty on petrol and diesel by Rs 8 and Rs 6 a litre, respectively. The move led to a reduction in the price of petrol by Rs 9.5 per litre and diesel by Rs 7 a litre.
On Tuesday, the petrol prices in Delhi stand at Rs 96.72 per litre, while consumers of diesel will have to pay Rs 89.62 per litre. Petrol customers in Mumbai will be paying Rs 111.35 per litre, while one litre of diesel is available for Rs 97.28 in the financial capital of the country. In Kolkata, a litre of petrol is priced at Rs 106.03, while a litre of diesel is being retailed for Rs 92.76 per litre. Petrol consumers in Chennai have to pay Rs 102.63 per litre, while diesel consumers in the capital city of Tamil Nadu will have to pay Rs 94.24 per litre.
Fuel prices in India are set and revised by Public Sector Oil Marketing Companies (OMCs) on a daily basis. The prices are revised on international crude oil prices in the global market and the foreign exchange rates. Apart from OMCs, the fuel price also varies within the country from one state to another. This happens because petrol and diesel prices depend on several local factors that affect their cost. The fuel price in a state depends on freight charges and local taxes (VAT).
Petrol, Diesel Prices on July 5, in Delhi, Chennai and Other Major Cities in India:
Delhi
Petrol: Rs 96.72 per litre
Diesel: Rs 89.62 per litre
Mumbai
Petrol: Rs 111.35 per litre
Diesel: Rs 97.28 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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