After 19 Days Diesel Price Hiked, Petrol Price Remain Steady- Here Are The New Prices
NEW DELHI: Prices of diesel were hiked for the first time in 19 days on Friday, while petrol prices continued to remain steady. Diesel price, which had softened to ₹88.62 per litre three weeks ago after climbing to record ₹89.87 a litre in mid-July, has been priced at ₹88.82 on Friday in Delhi. Pump prices of petrol in the national capital, however, remained unchanged at ₹101.19 since September 5.
As international oil prices dropped below $70 a barrel in mid-August, fuel retailers had reduced diesel rates by 20 paise per litre on August 18 after an all-time high for 34 days. Petrol prices were also reduced by 20 paise a litre on August 22, after it maintained a record of ₹101.84 per litre in Delhi for 36 days.
International oil rates, which are often volatile, directly influence pump prices of petrol and diesel in India. Heavy loads of central and state taxes are also responsible for astronomically high rates of auto fuels.
Here’s what you pay for a litre of petrol and diesel in your city on Friday, September 24, 2021:
City | Petrol (Rs/litre) | Diesel (Rs/litre) |
New Delhi | 101.19 | 88.82 |
Mumbai | 107.26 | 96.41 |
Kolkata | 101.62 | 91.92 |
Chennai | 98.96 | 93.46 |
Bengaluru | 104.70 | 94.27 |
Hyderabad | 105.26 | 96.92 |
Patna | 103.79 | 94.80 |
Bhopal | 109.63 | 97.65 |
Jaipur | 108.13 | 97.99 |
Lucknow | 98.30 | 89.23 |
Thiruvananthapuram | 103.42 | 95.61 |
Source: Indian Oil Corporation |
India imports more than 80 per cent crude oil it processes and pays in dollars. In Delhi, central levies account for over 32.5 per cent of petrol’s price, and state taxes (VAT) 23.07 per cent. On diesel, the central excise is over 35.8 per cent while VAT is more than 14.6 per cent.
(With Inputs From Agencies)