Petrol, Diesel prices today: Fuel rates remain steady on November 13
The state-run oil marketing companies(OMCs) have not revised the prices of petrol and diesel on Saturday. According to the latest price notification by OMCs, the fuel rates remained unaltered on November 13, 2021, across the country.
According to the Indian Oil Corporation, petrol in Delhi is retailing at Rs 103.97 per litre and diesel is available at Rs 86.67 per litre.
In India’s financial hub, Mumbai, petrol costs Rs 109.98 and diesel is being sold at Rs 94.14 per litre.
In Tamil Nadu’s capital, Chennai, petrol is available at Rs 101.51 per litre and people have to shell out Rs 91.43 for one litre of diesel. Similarly, the prices of petrol and diesel remained unaltered in Kolkata and stood at Rs 104.67 and Rs 89.79 per litre, respectively.
Among the four metro cities, petrol is the cheapest in Chennai. Meanwhile, diesel is the least expensive in the national capital, Delhi.
It may be noted that the prices of petrol and diesel have remained static or unchanged since taxes levied on fuel were slashed by the Centre and some states on Diwali. The central government on November 3 cut tax rate on petrol by Rs 5 per litre and on diesel by Rs 10 per litre.
At least 23 states and Union Territories also announced a reduction in VAT rates on petrol and diesel, soon after the government announced a cut in excise rates.
Petrol, diesel prices in major Indian cities:
|CITY||PETROL (PER LITRE)||DIESEL (PER LITRE)|
|NEW DELHI||Rs 103.97||Rs 86.67|
|MUMBAI||Rs 109.98||Rs 94.14|
|CHENNAI||Rs 101.51||Rs 91.43|
|KOLKATA||Rs 104.67||Rs 89.79|
|BENGALURU||Rs 100.58||Rs 85.01|
In India, petrol and diesel prices depend on various factors like demand for fuel, valuation of INR against USD, consumption ratio of refineries and more. The fuel prices are revised by the oil marketing companies such as Bharat Petroleum, Indian Oil, and Hindustan Petroleum based on international prices as well.
In addition to this, fuel rates differ from state to state due to value-added tax (VAT) and freight charges. Notably, Bhopal and Jaipur are the two cities that levy higher VAT on fuel as compared to other cities and states.