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 Delhi||Rs.78.42||Rs.78.42||0.00|
|Petrol price in Kolkata||Rs.80.33||Rs.80.33||0.00|
|Petrol price in Mumbai||Rs.83.92||Rs.83.92||0.00|
|Petrol price in Chennai||Rs.81.46||Rs.81.47||-0.01|
|Petrol price in Faridabad||Rs.77.50||Rs.77.34||0.16|
|Petrol price in Gurgaon||Rs.77.24||Rs.76.93||0.31|
|Petrol price in Noida||Rs.76.41||Rs.76.61||-0.20|
|Petrol price in Ghaziabad||Rs.76.23||Rs.76.41||-0.18|
|Petrol price in Agartala||Rs.74.81||Rs.74.85||-0.04|
|Petrol price in Aizwal||Rs.74.50||Rs.74.43||0.07|
|Petrol price in Ambala||Rs.76.84||Rs.76.79||0.05|
|Petrol price in Bangalore||Rs.79.05||Rs.79.05||0.00|
|Petrol price in Bhopal||Rs.81.47||Rs.81.57||-0.10|
|Petrol price in Bhubhaneswar||Rs.77.27||Rs.77.29||-0.02|
|Petrol price in Chandigarh||Rs.74.07||Rs.74.07||0.00|
|Petrol price in Dehradun||Rs.76.93||Rs.76.89||0.04|
|Petrol price in Gandhinagar||Rs.75.66||Rs.75.83||-0.17|
|Petrol price in Gangtok||Rs.81.70||Rs.81.70||0.00|
|Petrol price in Guwahati||Rs.78.59||Rs.78.27||0.32|
|Petrol price in Hyderabad||Rs.83.15||Rs.83.15||0.00|
|Petrol price in Imphal||Rs.74.25||Rs.74.49||-0.24|
|Petrol price in Itanagar||Rs.71.80||Rs.71.83||-0.03|
|Petrol price in Jaipur||Rs.79.07||Rs.78.93||0.14|
|Petrol price in Jammu||Rs.77.62||Rs.77.62||0.00|
|Petrol price in Jalandhar||Rs.83.83||Rs.83.81||0.02|
|Petrol price in Kohima||Rs.75.07||Rs.75.07||0.00|
|Petrol price in Lucknow||Rs.76.53||Rs.76.42||0.11|
|Petrol price in Panjim||Rs.70.07||Rs.70.06||0.01|
|Petrol price in Patna||Rs.82.15||Rs.82.01||0.14|
|Petrol price in Port Blair||Rs.67.58||Rs.67.58||0.00|
|Petrol price in Raipur||Rs.76.46||Rs.76.35||0.11|
|Petrol price in Ranchi||Rs.75.51||Rs.75.66||-0.15|
|Petrol price in Shillong||Rs.75.39||Rs.75.48||-0.09|
|Petrol price in Shimla||Rs.76.94||Rs.77.72||-0.78|
|Petrol price in Srinagar||Rs.80.65||Rs.80.65||0.00|
|Petrol price in Trivandrum||Rs.81.61||Rs.81.79||-0.18|
|Petrol price in Silvassa||Rs.76.34||Rs.76.49||-0.15|
|Petrol price in Daman||Rs.76.36||Rs.76.41||-0.05|
|Petrol price in Pondicherry||Rs.77.35||Rs.77.44||-0.09|
Source for prices: Indian Oil Corporation