Petrol, Diesel Prices Drop in Delhi, Kolkata Post Excise Duty Cut; Check Rates In Your City Today

Fuel prices remained unchanged today. The rates have remained stagnant since the government announced on 21 May to cut the excise tax on petrol by Rs 8 per liter and on diesel by Rs 6 per liter. Finance Minister Nirmala Sitharaman had announced this reduction in the excise tax on both petrol and diesel. After the sharp reduction in excise duty, the price of petrol fell to Rs 96.72 per liter and the retail price of diesel fell to Rs 89.62 per liter in Delhi.

In Mumbai, petrol was retailing at Rs 111.35 per liter and diesel would cost you Rs 97.28 per liter as of June 10. While in Kolkata, petrol is available at Rs 106.03 per liter and diesel is available at Rs 92.76 per liter.

Public sector oil marketing companies, including Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL) and Hindustan Petroleum Corporation Ltd (HPCL), are responsible for reviewing fuel prices on a daily basis.

The rise or fall in the price of fuel depends on international crude oil prices, as well as the exchange rate of the rupee against the dollar. It should be noted that retail prices for gasoline and diesel vary from state to state due to local taxes such as VAT or VAT and shipping charges.

Petrol and diesel prices on Friday 10 June in Delhi, Mumbai, Chennai and other major cities in India:

Delhi

Gasoline: Rs 96.72 per liter

Diesel: Rs 89.62 per liter

Mumbai

Gasoline: 111.35 rupees per liter

Diesel: Rs 97.28 per liter

Kolkata

Gasoline: 106.03 rupees per liter

Diesel: Rs. 92.76 per liter

Chennai

Gasoline: 102.63 rupees per liter

Diesel: 94.24 rupees per liter

Bhopal

Gasoline: 108.65 rupees per liter

Diesel: Rs 93.90 per liter

Hyderabad

Gasoline: 109.66 rupees per liter

Diesel: Rs 97.82 per liter

Bengaluru

Gasoline: 101.94 rupees per liter

Diesel: Rs 87.89 per liter

Guwahati

Gasoline: Rs 96.01 per liter

Diesel: 83.94 rupees per liter

Lucknow

Gasoline: 96.57 rupees per liter

Diesel: Rs 89.76 per liter

Gandinagar

Gasoline: 96.63 rupees per liter

Diesel: 92.38 rupees per liter

Thiruvananthapuram

Gasoline: Rs 107.71 per liter

Diesel: Rs 96.52 per liter.

Crude oil price today

Brent crude futures for August closed 51 cents lower at $123.07 a barrel and saw a 0.4% drop. On the other hand, US West Texas Intermediate crude for July lost 60 cents, or 0.5%, to $121.51 a barrel.

Global oil prices fell on June 10, but are still hovering near three-month highs after parts of Shanghai imposed new COVID-19 lockdown measures, as strong gains in refined products added to the ongoing backdrop for crude oil.

Read all the latest news, breaking news and live updates for IPL 2022 here.

Leave a Comment