As of December 7, major cities' prices for gasoline and diesel remained unchanged, and costs have remained constant for the past year, according to the most recent price notification from fuel retailers.
Nevertheless, the cost of gasoline and diesel varies from state to state based on a number of factors, including local taxes, freight costs, and value added tax (VAT).
The daily price revisions of public sector oil and gas companies, such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL), are based on foreign exchange rates and benchmark prices.
breakdown by city
Petrol costs Rs 96.72/litre in Delhi; diesel costs Rs 89.62/litre.
Diesel is being sold in Mumbai for Rs 94.27 per litre and gasoline for Rs 106.31/litre.
The most recent price announcement from fuel retailers states that the cost of gasoline and diesel has been
The previous nationwide reduction in fuel prices occurred on May 21, 2018, when Finance Minister Nirmala Sitharaman reduced the excise duty on gasoline by Rs 8 per litre and diesel by Rs 6 per litre.
From the comfort of your home, you can check the price of gasoline and diesel. All you have to do is text your city code to 9224992249 from your phone. The website of Indian Oil provides city codes.
Oil Costs
Thursday morning's early Asian trading saw some recovery in oil prices from their earlier declines. With a 32-cent increase, or 0.43 percent, Brent crude futures reached US dollar 74.62 per barrel.
