On June 27, petrol and diesel prices in the country remained unchanged. In the national capital, petrol retails at Rs 96.72 per litre, while diesel is being sold at Rs 89.62 per litre. In Mumbai, petrol costs Rs 111.35 per litre, while one litre of diesel is available for Rs 97.28.
The reduction in fuel prices came on May 22, when the price of petrol was reduced by Rs 8.69, while diesel saw a change in the price by Rs 7.05 in the national capital. On May 21, Finance Minister Nirmala Sitharaman announced the reduction in Excise Duty on fuel prices, which led to some respite from the soaring petrol and diesel prices.
In Kolkata, the retail price of petrol stands at Rs 106.03 per litre, while the retail price of diesel is Rs 92.76 per litre. Consumers of petrol in the capital city of Tamil Nadu will have to pay Rs 102.63 per litre, while consumers of diesel in Chennai will be paying Rs 94.24 per litre.
Fuel prices in the country are set by Oil Marketing Companies (OMCs) on a daily basis. The prices are based on the fuel’s benchmark average price over the previous 15 days in the global market and the foreign exchange rates. Apart from OMCs, the fuel price also varies from state to state and this happens because of several local factors. The cost of petrol and diesel in a state depends on freight charges and local taxes (VAT).
Petrol, Diesel Prices on June 27, in Delhi, Chennai and Other Major Cities in India:
Petrol: Rs 96.72 per litre
Diesel: Rs 89.62 per litre
Petrol: Rs 111.35 per litre
Diesel: Rs 97.28 per litre
Petrol: Rs 106.03 per litre
Diesel: Rs 92.76 per litre
Petrol: Rs 102.63 per litre
Diesel: Rs 94.24 per litre
Petrol: Rs 108.65 per litre
Diesel: Rs 93.90 per litre
Petrol: Rs 109.66 per litre
Diesel: Rs 97.82 per litre
Petrol: Rs 101.94 per litre
Diesel: Rs 87.89 per litre
Petrol: Rs 96.01 per litre
Diesel: Rs 83.94 per litre
Petrol: Rs 96.57 per litre
Diesel: Rs 89.76 per litre
Petrol: Rs 96.63 per litre
Diesel: Rs 92.38 per litre
Petrol: Rs 107.71 per litre
Diesel: Rs 96.52 per litre.
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