Petrol prices, diesel prices remain constant for 21st day in a row; Check fuel prices

Petrol and diesel prices in India across multiple cities remain unchanged for 21 days in a row on Thursday, November 25, 2021, ever since the government reduced the excise duty on fuel to bring rates down from all-time highs. The state-run oil marketing companies (OMCs) have not yet raised the prices of petrol and diesel after the Centre announced a cut of excise duty on fuel prices on Diwali eve. Following the reduction, around 23 states and union territories have announced reductions in VAT rates on petrol and diesel, providing a major relief to consumers.

The Chattisgarh government last week also announced a reduction in VAT on fuel prices by 1% and 2% on petrol and diesel prices respectively. 

Meanwhile, petrol costs Rs 103.97 per litre in Delhi, while diesel costs Rs 86.67 per litre. In Mumbai, petrol costs Rs 109.98 per litre followed by diesel which costs Rs 94.14 per litre. Petrol is available for Rs 101.40 a litre in Chennai, and diesel is sold for Rs 91.43 per litre. Similarly, fuel rates in Kolkata stayed steady at Rs 104.67 and Rs 89.79 per litre, respectively.

Fuel rates in all major cities on November 25, 2021

Mumbai

• Petrol - Rs 109.98 per litre
• Diesel - Rs 94.14 per litre

Delhi

• Petrol - Rs 103.97 per litre
• Diesel - Rs 86.67 per litre

Chennai

• Petrol - Rs 101.40 per litre
• Diesel - Rs 91.43 per litre

Kolkata

• Petrol - Rs 104.67 per litre
• Diesel - Rs 89.79 per litre

Bhopal

• Petrol - Rs 107.23 per litre
• Diesel - Rs 90.87 per litre

Hyderabad

• Petrol - Rs 108.20 per litre
• Diesel - Rs 94.62 per litre

Bengaluru

• Petrol - Rs 100.58 per litre
• Diesel - Rs 85.01 per litre

Chandigarh

• Petrol - Rs 94.23 per litre
• Diesel - Rs 80.90 per litre

Guwahati

• Petrol - Rs 94.58 per litre
• Diesel - Rs 81.29 per litre

Lucknow

• Petrol - Rs 95.28 per litre
• Diesel - Rs 86.80 per litre

Centre announces cuts in fuel prices, states and UTs follow

Earlier on Wednesday, the Central government slashed excise duty on petrol and diesel prices by Rs 5 and Rs 10 as a Diwali gift to citizens further providing a major relief to those suffering from inflation and increasing fuel costs. Following this, around 23 states and UTs reduced their VAT rates in various proportions leading to a reduction in petrol and diesel prices in many cities. However, there are still other states which have not yet announced any reduction. 

OMCs such as Indian Oil, Bharat Petroleum, and Hindustan Petroleum make changes in fuel prices depending on international prices and overseas stock exchanges. Petrol and diesel costs differ from state to state and city to city, depending on the impact of local levies such as value-added tax (VAT) and freight charges.

 

Image: PTI