Petrol and Diesel Price Today in India: In Delhi, petrol is priced at Rs 96.72, while diesel in the National Capital is retailing at Rs 89.62 per litre on Monday.
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Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Petrol and diesel prices were constant on Monday, 17 April, in the figures across major cities including New Delhi, Kolkata, Mumbai, and Bengaluru. However, cities across the country have witnessed fluctuations in fuel prices across the nation. Petrol grew dearer by 23 paisa to Rs 102.86 in Chennai, while diesel was hiked by Rs 0.22 to Rs 94.46 per litre. The price of petrol dropped by 23 paisa to Rs 96.66 per litre in Gurugram and by 32 paise to Rs 108.16 per litre in Jaipur, whereas diesel price fell 22 paisa and 29 paisa, respectively.
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The prices of petrol and diesel change state by state, depending upon various criteria such as Value Added Tax (VAT), freight charges, local taxes, etc. The last country-wide change in fuel rates was on 21 May last year, when Finance Minister Nirmala Sitharaman slashed excise duty on petrol by Rs 8 per litre and Rs 6 per litre on diesel.
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Since the cut of excise duty by the central government in May 2022, some states have also reduced VAT prices on fuels, while some have imposed cess on petrol and diesel. The Punjab government decided to impose a cess of 90 paise per litre on petrol and diesel in a meeting of the state cabinet. Kerala Finance Minister KN Balagopal also announced a cess on petrol, diesel and liquor in the second full budget of the LDF government. A social security cess of Rs 2 per litre will be slapped on petrol and diesel. Some cities such as Lucknow saw a minor fall in petrol and diesel prices, check the latest rates here:
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Oil prices edged up on Monday, supported by OPEC+’s plans to cut more output, while investors eyed Chinese economic data for signs of a demand recovery by the world’s No. 2 oil consumer. Brent crude futures nudged 17 cents higher to $86.48 a barrel by 0144 GMT, while U.S. West Texas Intermediate crude was at $82.66 a barrel, up 14 cents.
Petrol, diesel prices in Chennai, Kolkata, Bengaluru, Lucknow, Noida, Gurugram
- Bengaluru: Petrol rate: Rs 101.94 per litre, Diesel rate: Rs 87.89 per litre
- Chandigarh: Petrol rate: Rs 96.20 per litre, Diesel rate: Rs 84.26 per litre
- Chennai: Petrol rate: Rs 102.86 per litre, Diesel rate: Rs 94.46 per litre
- Gurugram: Petrol rate: Rs 96.66 per litre, Diesel rate: Rs 89.54 per litre
- Kolkata: Petrol rate: Rs 106.03 per litre, Diesel rate: Rs 92.76 per litre
- Lucknow: Petrol rate: Rs 96.54 per litre, Diesel rate: Rs 89.81 per litre
- Mumbai: Petrol rate: Rs 106.31 per litre, Diesel rate: Rs 94.27 per litre
- New Delhi: Petrol rate: Rs 96.72 per litre, Diesel rate: Rs 89.62 per litre
- Noida: Petrol rate: Rs 96.76 per litre, Diesel rate: Rs 89.93 per litre
- Public sector Oil Marketing Companies (OMCs) including Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL) and Hindustan Petroleum Corporation Ltd (HPCL) revise their prices daily in line with international benchmark prices and forex rates. Any changes in petrol and diesel costs are implemented from 6 am every day. Oil Minister Hardeep Singh Puri recently asked OMCs to cut the retail prices of petrol and diesel if the crude oil prices in the international market come down and also if OMCs under recovery come down. OMCs incurred a loss of Rs 21,200 crore on account of selling petrol and diesel below the cost price.
