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HomeCURRENT AFFAIRSBUSINESSPetrol and Diesel rates remain unchanged on February 24

Petrol and Diesel rates remain unchanged on February 24

There has been no change in the prices of petrol and diesel across major Indian cities on Thursday, February 24, 2022. This is the longest period when the prices have remained unchanged, ever since the daily revision of prices began in June 2017.

In Delhi, fuel is relatively cheaper than the rest of the metros because the state government had earlier decided to reduce the Value-Added Tax (VAT) on petrol, bringing down the price of the fuel in the city by about Rs 8 per litre.

This came after the Central government cut excise duty on November 4, 2021, to give relief from prices that had touched an all-time high.

The government cut the duty on petrol by Rs 5 per litre and that on diesel by Rs 10 a litre resulting in an equivalent reduction in retail pump rates. Following this, many states and Union Territories cut local sales or value-added tax (VAT) to give further relief to consumers.

Petrol Price in Indian Metro Cities

New Delhi ‘ 95.41
Kolkata ‘ 104.67
Mumbai ‘ 109.98
Chennai ‘ 101.40
Gurgaon ‘ 95.90
Noida ‘ 95.37
Bangalore ‘ 100.58
Bhubaneswar ‘ 101.61
Chandigarh ‘ 94.23
Hyderabad ‘ 108.20
Jaipur ‘ 107.15
Lucknow ‘ 95.28
Patna ‘ 106.52
Trivandrum ‘ 106.65

Diesel Price in Indian Metro Cities

New Delhi ‘ 86.67
Kolkata ‘ 89.79
Mumbai ‘ 94.14
Chennai ‘ 91.43
Gurgaon ‘ 87.11
Noida ‘ 86.88
Bangalore ‘ 85.01
Bhubaneswar ‘ 91.43
Chandigarh ‘ 80.90
Hyderabad ‘ 94.62
Jaipur ‘ 90.78
Lucknow ‘ 86.80
Patna ‘ 91.67
Trivandrum ‘ 93.75

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.

(For more updates stay tuned with DNP India)

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