Petrol Price Crosses 90 Rupees In Mumbai, Cheapest In Delhi Among Metros

24 Septembre, 2018, 12:54 | Auteur: Auguste Feret
  • Fuel prices witness fresh hike

In Mumbai, petrol was being retailed at Rs 89.69 per litre and diesel at Rs 78.42 per litre.

In Mumbai, Petrol and Diesel prices Rs 89.97 per litre Rs 78.53 per litre, respectively.

Fuel prices rose on Monday between 5 paise and 12 paise across the four metro cities in line with global oil prices and a weakening rupee.

Notably, the fuel price has been witnessing a steep rise since the past few weeks. The Karnataka government also announced on Monday that petrol and diesel would be cheaper by Rs 2 per litre each across the state from Tuesday following the reduction in cess on these fuels.

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A combination of a dip in the value of rupee against the dollar and rise in crude oil prices has led to a spike in fuel prices since mid-August. In Bengaluru diesel is priced at Rs 74.40/litre, in Lucknow at Rs 74.15/litre, in Kolkata at Rs 75.87/litre, in Hyderabad at Rs 80.51/litre, in Guwahati at Rs 77.40/litre and in Chennai at Rs 78.26/litre. In Patna, petrol is priced at Rs 91.96/litre -one among the highest in the country - and diesel at Rs 79.68/litre.

According to oil companies, refinery gate price of petrol, without considering any central or state tax and dealer's commission, is Rs 42.04 per litre.

Retail rates are arrived at after adding excise duty, which is charged by the Central government, commission paid to petrol pumps dealers and VAT, charged by the state governments.

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