Diesel, Petrol prices remain unchanged for 41st straight day
By Administrator _India
Petrol and diesel prices remained unchanged on Thursday, as state-run oil marketing companies held the fuel prices steady.
Rates differ from state to state depending on the incidence of VAT. Taxes make up for nearly two-third of the retail selling price.
Here is looking at the price difference of diesel and petrol in four metro cities on November 12.
City | Petrol | Diesel |
---|---|---|
Delhi | 81.06 | 70.46 |
Mumbai | 87.74 | 76.86 |
Chennai | 84.14 | 75.95 |
Kolkata | 82.59 | 73.99 |
In September, diesel prices saw first reduction since mid-March when Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL) froze rates for 82 days to adjust a record hike in excise duty on auto fuels against falling benchmark cost.