Petrol And Diesel Prices: Delhi Continues At Rs 95.41/lt
Ever since the Centre announced a major slash in VAT on fuel rates in India, petrol and diesel prices have remained constant for more than a month now. The decision of the central government has brought down the rates from all-time highs providing major relief to the people. Similarly, petrol prices along with diesel prices remained the same on Friday, December 3, 2021.
Earlier on Wednesday, the petrol prices in the national capital fell after Delhi Chief Minister Arvind Kejriwal announced a deduction of Rupees 8 in Value-Added Taxes (VAT) on petrol rates. However, the prices of diesel have remained the same.
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 24 states and union territories so fat have announced reductions in VAT rates on petrol and diesel.
Meanwhile, petrol costs Rs 95.41 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 prices in all major cities on December 4, 2021
- Mumbai
Petrol – Rs 109.98 per litre
Diesel – Rs 94.14 per litre
- Delhi
Petrol – Rs 95.41 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
Fuel prices come down as Centre slashes excise duty
Earlier in October, 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 24 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 alter 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.
Agencies
