Petrol, diesel prices stay unchanged on Diwali

Last Updated: Thu, Nov 08, 2018 11:33 hrs
Petrol Bunk

New Delhi: Following five consecutive days of cuts, state-run oil marketing companies kept prices of key domestic transport fuels -- petrol and diesel -- unchanged on Wednesday, on the festival of Diwali.

According to the Indian Oil Corp data, petrol was priced at Rs 78.42 per litre in the national capital on Wednesday, which is its lowest level in the last over six weeks.

Across the other major metros, petrol was priced at Rs 83.92 per litre in Mumbai, Rs 80.33 in Kolkata and Rs 81.46 in Chennai on Wednesday.

As per the country's pricing mechanism, under the daily dynamic pricing regime, domestic fuel prices depend on international fuel prices on a 15-day average, besides the value of the rupee.

Prices vary from region to region due to local taxes as the product is excluded from the GST regime. Delhi has the lowest tax rate among the four metros.

In tandem with petrol, the cost of diesel remained unchanged on Wednesday across the four metros.

The price of diesel in Mumbai was at Rs 76.57 per litre.

Similarly, prices of diesel in Delhi, Kolkata and Chennai were Rs 73.07, Rs 74.93 and Rs 77.24 a litre, respectively.

Fuel prices have been reducing on the back of multiple factors such as lower international crude oil cost and a recovery in the rupee against the US dollar.

Last month, the Centre announced a cut in excise duty by Rs 1.50 a litre.

Additionally, the state-owned oil marketing companies had been mandated to reduce the prices of petrol and diesel by Re 1 a litre.

State Capitals (Applicable from 6:00 a.m. on 08-11-2018) Petrol Current Price(Per Lt) Petrol Previous Price(Per Lt) Change(Rs)
Petrol price in DelhiRs.78.42 Rs.78.42 0.00
Petrol price in KolkataRs.80.33 Rs.80.33 0.00
Petrol price in MumbaiRs.83.92 Rs.83.92 0.00
Petrol price in ChennaiRs.81.46 Rs.81.47 -0.01
Petrol price in FaridabadRs.77.50 Rs.77.34 0.16
Petrol price in GurgaonRs.77.24 Rs.76.93 0.31
Petrol price in NoidaRs.76.41 Rs.76.61 -0.20
Petrol price in GhaziabadRs.76.23 Rs.76.41 -0.18
Petrol price in AgartalaRs.74.81 Rs.74.85 -0.04
Petrol price in AizwalRs.74.50 Rs.74.43 0.07
Petrol price in AmbalaRs.76.84 Rs.76.79 0.05
Petrol price in BangaloreRs.79.05 Rs.79.05 0.00
Petrol price in BhopalRs.81.47 Rs.81.57 -0.10
Petrol price in BhubhaneswarRs.77.27 Rs.77.29 -0.02
Petrol price in ChandigarhRs.74.07 Rs.74.07 0.00
Petrol price in DehradunRs.76.93 Rs.76.89 0.04
Petrol price in GandhinagarRs.75.66 Rs.75.83 -0.17
Petrol price in GangtokRs.81.70 Rs.81.70 0.00
Petrol price in GuwahatiRs.78.59 Rs.78.27 0.32
Petrol price in HyderabadRs.83.15 Rs.83.15 0.00
Petrol price in ImphalRs.74.25 Rs.74.49 -0.24
Petrol price in ItanagarRs.71.80 Rs.71.83 -0.03
Petrol price in JaipurRs.79.07 Rs.78.93 0.14
Petrol price in JammuRs.77.62 Rs.77.62 0.00
Petrol price in JalandharRs.83.83 Rs.83.81 0.02
Petrol price in KohimaRs.75.07 Rs.75.07 0.00
Petrol price in LucknowRs.76.53 Rs.76.42 0.11
Petrol price in PanjimRs.70.07 Rs.70.06 0.01
Petrol price in PatnaRs.82.15 Rs.82.01 0.14
Petrol price in Port BlairRs.67.58 Rs.67.58 0.00
Petrol price in RaipurRs.76.46 Rs.76.35 0.11
Petrol price in RanchiRs.75.51 Rs.75.66 -0.15
Petrol price in ShillongRs.75.39 Rs.75.48 -0.09
Petrol price in ShimlaRs.76.94 Rs.77.72 -0.78
Petrol price in SrinagarRs.80.65 Rs.80.65 0.00
Petrol price in TrivandrumRs.81.61 Rs.81.79 -0.18
Petrol price in SilvassaRs.76.34 Rs.76.49 -0.15
Petrol price in DamanRs.76.36 Rs.76.41 -0.05
Petrol price in PondicherryRs.77.35 Rs.77.44 -0.09

Source for prices: Indian Oil Corporation

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