Petrol and diesel remained unchanged for the fifth consecutive day on Friday, May 27, 2022, following the Finance Minister Nirmala Sitharaman announcing a cut in excise duty on petrol by 8 per litre, and 6 rupees per litre on diesel on Saturday.
The price of petrol in Delhi stands at ₹96.72 per litre while cost of diesel is ₹89.62, as per the data available on Indian Oil Corporation website. In Gurugram, one litre of petrol costs ₹97.81 and ₹90.05 for one litre of diesel.
In Mumbai, petrol currently costs ₹111.35, while diesel is retailing at ₹97.28, following the reduction of excise duty and VAT. In Chennai, the petrol and diesel prices are at ₹102.65 and ₹94.24 per litre. In Kolkata, the price of petrol is ₹106.03 and diesel is ₹92.76 . In Bengaluru, one litre of petrol will cost ₹101.94 and one litre of diesel will cost ₹87.89.
The rates of both the key auto fuels were sharply reduced on Sunday after finance minister Nirmala Sitharaman announced a cut in excise duty on petrol by 8 per litre, and 6 rupees per litre on diesel on May 21.
Following the government’s decision petrol price was cut by Rs 8.69 per litre while diesel was reduced by Rs 7.05 in the national capital on Sunday.
The difference in the price of fuel in the states are due to the tax and the cost of transportation imposed by the central and state government.
How to check petrol and diesel price in your city:
Indian Oil, Bharat Petroleum, and Hindustan Petroleum revise fuel rates daily, taking into account crude and rupee-dollar rates in international markets. Daily price changes for fuel are effected at 6 am every day.
To get the indicative prices of Petrol/Diesel in your city/town for the day, kindly SMS “RSP Dealer Code of Petrol Pump” to 92249 92249. For example, SMS “RSP 102072” to 92249 92249 for fuel prices in Delhi.