The petrol and diesel prices across the country remained unaffected on November 28. Fuel retailers have issued a notice which placed Delhi’s petrol price at Rs 96.72 a litre while the diesel rate costs Rs 89.62 per litre. In Mumbai, petrol costs Rs 106.31 and diesel is sold at Rs 94.27 per litre. Meanwhile, in Chennai, the rate of petrol remained steady at Rs 102.63 per litre and the cost of diesel per litre pegs at Rs 94.24. While Kolkata’s petrol price is lower than the financial capital Rs 106.03 per litre while diesel remained at Rs 92.76 per litre.
Notably, the price of petrol and diesel haven’t changed since the Centre reduced the excise duty. On May 22, the central government led by Prime Minister Narendra Modi reduced the excise duty by Rs 8 per litre for petrol and Rs 6 per litre for diesel. There has been a 13 cents increase in the Brent crude futures to $85.47 a barrel recently.
Every dawn at 6 am, oil companies release the rate of fuel and diesel. Companies like Bharat Petroleum Corporation Ltd, Indian Oil Corporation, and Hindustan Petroleum Corporation Ltd update the rates across the country. For the rates, these companies take into account factors like local taxes, VAT, dealer commission and freight charges to name a few. States taxes play an important role to determine the variations in the price of petrol and diesel.
Here is the list of fuel rates in different states on November 28:
Delhi
Petrol: Rs 96.72 a litre
Diesel: Rs 89.62 per litre
Kolkata
Petrol: Rs 106.03 per litre
Diesel: Rs 92.76 per litre
Chennai
Petrol: Rs 102.63 per litre
Diesel: Rs 94.24 per litre
Mumbai
Petrol: Rs 106.31
Diesel: Rs 94.27 per litre
Lucknow
Petrol: Rs. 96.57 per litre
Diesel: Rs. 89.76 per litre
Bengaluru
Petrol: Rs.101.94 per litre
Diesel: Rs. 87.89 per litre
Hyderabad
Petrol: Rs.109.66 per litre
Diesel: Rs.97.82 per litre
Bhopal
Petrol: Rs.108.65 per litre
Diesel: Rs.93.90 per litre
Gandhinagar
Petrol: Rs. 96.63 per litre
Diesel: Rs. 92.38 per litre
Guwahati
Petrol: Rs.96.01 per litre
Diesel: Rs.83.94 per litre
Thiruvananthapuram
Petrol: Rs.107.71 per litre
Diesel: Rs.96.52 per litre
Other factors which have the potential to affect the prices of the fuels are – the exchange rate between the Indian Rupee and the US Dollar and the cost of crude oil, among others.
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