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Oil Marketing Companies Update Prices of Petrol, Diesel: Check Latest Prices Here

The Oil Marketing Companies have updated the prices of petrol and diesel on Thursday and the prices continue to remain unchanged today. The prices of both the fuels have not been changed for nearly two months now.

The Oil Marketing Companies have updated the prices of petrol and diesel on Thursday and the prices continue to remain unchanged today. The prices of both the fuels have not been changed for nearly two months now.

Oil Marketing Companies Update Prices of Petrol, Diesel: Check Latest Prices

The prices of petrol and diesel remain same ever since finance minister Nirmala Sitharaman declared a cut in excise duty on petrol and diesel. The finance minister announced an excuse duty cut on petrol by Rs 8 per litre and Rs 6 per litre on diesel earlier this year on May 21.

Petrol costs Rs 96.72 per litre while the diesel price is recorded at Rs 89.62 per litre. In Mumbai, the price of one litre of petrol is recorded at Rs 106.31 per litre and diesel price is available at Rs 94.27 per litre.

The prices of petrol and diesel differ all across the states in India as a result of implementation of local taxes such as VAT and freight charges.

Oil Marketing Companies Updates Prices of Petrol And Diesel Everyday
It is worth noting that public sector oil marketing companies that may include Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) revise prices of fuel everyday in line with benchmark global prices and foreign exchange rates. If any changes in the prices of petrol and diesel occur, it is implemented at 6 AM everyday.

Below are the price of petrol and diesel in these cities:

Chennai: Petrol price: Rs 102.63/litre, Diesel price: Rs 94.24/litre

Bengaluru: Petrol price: Rs 101.94/litre, Diesel price: Rs 87.89/litre

Lucknow: Petrol: Rs 96.57/litre, Diesel: Rs 89.76/litre

Noida: Petrol: Rs 96.57/litre, Diesel: Rs 89.96/litre

Gurugram: Petrol: Rs 97.18/litre, Diesel: Rs 90.05/litre

Chandigarh: Petrol: Rs 96.20/litre, Diesel: Rs 84.26/litre

Story first published: Thursday, July 21, 2022, 8:53 [IST]

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