Daily petrol prices in Mumbai were revised beginning from June 15, 2017, after it was felt that the oil marketing companies were capable of revising petrol prices on a daily basis.
While it was earlier not possible, due to various technical issues, these days it is highly possible to revise prices on a daily basis. Mumbai petrol prices in the first few days of price revision are seeing changes of a few paise. This is largely beneficial for consumers as they can easily absorb the same. On the other hand it may be difficult to absorb the huge burden of says Rs 2-3, which would happen after a fortnight's revision in daily prices. We are providing todays petrol prices, which is largely the daily price, the revision of which happens at 6 am in the morning. You would do well to check the daily petrol prices on goodreturns.inn and fill petrol, in case you are planning to completely fill your tank.
Petrol rates dropped in Mumbai
Mumbai is a coastal city, the commercial and business capital of the country. It is the place where the highest number of working Indians. There is a massive demand for petrol in the city. But, after seeing high petrol prices in Mumbai, the same has come down as the central government of India, recently announced a cut in basic excise duty on petrol and diesel. Petrol price in Mumbai has since fallen to Rs 2.50 per liter.
On Oct 3rd, petrol price in Mumbai was down to Rs 79.92 per liter, and now on Thursday the petrol price in Mumbai fell further to Rs 77.49 per liter. Similarly, in the financial capital, the petrol price in Mumbai retained at Rs 79.92 on Oct 3rd. However, it dropped sharply to Rs 77.51 per liter on October 4. The current petrol price in Mumbai is Rs 77.49 per liter.