Fuel prices remain unchanged across the country on Tuesday, October 18. The last nationwide revision to fuel prices took place on May 21 after the Centre announced a reduction in excise duty on petrol by Rs 8 per litre and diesel by Rs 6 per litre. The government data on fuel demand indicated that the Indian fuel demand fell to a 10-month low in September.
The imposition of additional excise duty of Rs 2 per litre on unblended petrol and diesel has been delayed by the Centre and is now slated to come into effect from November 1.
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In the national capital, the price of petrol and diesel per litre is Rs 96.72 and Rs 89.62, respectively. Petrol costs Rs 106.31 per litre in Mumbai, while diesel retailed at Rs 94.27 per litre. In Chennai, a litre of petrol was being sold at Rs 102.74 and diesel costs Rs 94.33 whereas in Kolkata, petrol and diesel are being sold at Rs 106.03 and Rs 92.76, respectively. These retail prices are decided by the public sector Oil Marketing Companies (OMCs) depending on various factors.
Here is a list of petrol and diesel prices in different cities in the country on October 18:
Delhi
Petrol: Rs 96.72 per litre
Diesel: Rs 89.62 per litre
Mumbai
Petrol: Rs 106.31 per litre
Diesel: Rs 94.27 per litre
Chennai
Petrol: Rs 102.74 per litre
Diesel: Rs 94.33 per litre
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Kolkata
Petrol: Rs 106.03 per litre
Diesel: Rs 92.76 per litre
Bengaluru
Petrol: Rs 101.94 per litre
Diesel: Rs 87.89 per litre
Hyderabad
Petrol: Rs 109.66 per litre
Diesel: Rs 97.82 per litre
Bhopal
Petrol: Rs 108.65 per litre
Diesel: Rs 93.90 per litre
Gandhinagar
Petrol: Rs 96.63 per litre
Diesel: Rs 92.38 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
Thiruvananthapuram
Petrol: Rs 107.71 per litre
Diesel: Rs 96.52 per litre
Fuel prices are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with international benchmark pricing and foreign exchange rates. The updated pricing goes into effect at 6 a.m every day. Retail prices for petrol and diesel vary from state to state owing to multiple factors such as local taxes such as VAT or freight charges.
