Petrol, Diesel Prices Remain Unchanged On August
8
According to the most recent price
notification by fuel retailers, petrol and diesel prices have been unchanged on
August 8 in major cities, and costs have been steady for a year now.
However, the prices
of petrol and diesel change state by state, depending upon various criteria
such as Value Added Tax (VAT), freight charges, the local taxes, etc.
Public sector OMCs
including Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd.
(IOCL) and Hindustan Petroleum Corporation Ltd. (HPCL) revise their prices
daily in line with international benchmark prices and forex rates.
In Delhi, petrol and diesel cost Rs
96.72/litre and Rs 89.62/litre, respectively.
In Mumbai, petrol
is being sold for Rs 106.31/litre and diesel for Rs 94.27/litre.
Petrol and diesel are priced at Rs
102.63/litre and Rs 94.24/litre in Chennai and at Rs 106.03/litre and Rs
92.76/litre in Kolkata, respectively.
The last
country-wide change in fuel rates was on 21 May last year, when Finance
Minister Nirmala Sitharaman slashed excise duty on petrol by Rs 8 per litre and
Rs 6 per litre on diesel.
You can check petrol and diesel prices from
the comfort of your own home. All you need to do is send a message from your
phone to 9224992249 with your city code. City codes are available on Indian
Oil’s website.
Oil prices
Oil prices on
Tuesday morning were trading. Brent crude futures rose 37 cents to $85.71 a
barrel and West Texas Intermediate (WTI) crude was at $82.37 a barrel, up 43
cents.