Diesel price drops for 2nd straight day, petrol rate unchanged for 33 days

Petrol prices remain unchanged for the 33rd consecutive day across metros but oil marketing companies have reduced the cost of diesel for the second day straight today.

Also Read :- Oil India Limited records highest ever net profit of over ₹3,887 crore in FY22

Petrol in the national capital today costs Rs 101.84 per litre, while Diesel in the capital city is retailing at Rs 89.47 per litre, down 20 paise from yesterday. The price of petrol in Delhi has increased by Rs 11.15, since May 4. Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL) and Hindustan Petroleum Corporation Ltd (HPCL) revise the fuel prices daily in line with benchmark international price and foreign exchange rates.

Mumbai’s petrol cost is the highest across metro cities, standing at a staggering Rs 107.83 per litre. Diesel in the country’s financial capital costs Rs 97.04 per litre, down 20 paise. The divergence in prices between Delhi and Mumbai is due to various local VAT factors in different cities.

Petrol and Diesel prices are fixed on the basis of freight charges, local taxes, and VAT. Petrol has crossed the Rs 100-a-litre mark in Delhi, Rajasthan, Madhya Pradesh, Maharashtra, Andhra Pradesh, Telangana, Karnataka, Jammu and Kashmir, Odisha, Tamil Nadu, Ladakh, and some cities of Bihar and Punjab.

Petrol, diesel prices in Chennai, Kolkata, Bengaluru, Hyderabad, UP, Punjab, Haryana, Pune

Also Read :- India's beauty firm Nykaa Q4 result: Net profit almost halves to Rs 8.56 cr, revenue up 31%

-Chennai: Petrol prices – Rs 99.47 per litre; Diesel prices – Rs 94.02 per litre

-Kolkata: Petrol prices – Rs 102.08 per litre; Diesel prices – Rs 92.57 per litre

-Pune: Petrol prices – Rs 107.39 per litre; Diesel prices – Rs 95.87 per litre

-Bengaluru: Petrol prices – Rs 105.25 per litre; Diesel prices – Rs 94.86 per litre

-Hyderabad: Petrol prices – Rs 105.83 per litre; Diesel prices – Rs 97.53 per litre

Also Read :- Govt's big move to control inflation: Biggest excise duty cut, more LPG & fertilizer subsidy | know city-wise rates here

-Noida (UP): Petrol prices – 99.02 per litre; Diesel prices – Rs 89.97 per litre

-Mohali (Punjab): Petrol prices – Rs 103.85 per litre; Diesel prices – 92.42 per litre

-Chandigarh: Petrol prices Rs 97.93 per litre; Diesel prices – Rs 89.12 per litre

-Gurugram (Haryana): Petrol prices – Rs 99.46 per litre; Diesel prices – Rs 90.08 per litre