Petrol, diesel prices on April 30: What are the latest rates in your city?

Fuel prices in major cities have remained unchanged on Sunday, as it has been since May 21 last year after a pan-India revision.

Fuel prices have remained unchanged.
Fuel prices have remained unchanged.

The cost of one litre of petrol in Delhi continue to remain 96.72 and for an equal quantity of diesel, customers have to pay 89.62. Similarly, customers in Mumbai will have to pay 106.31 for a litre of petrol and 94.72 for equal quantity of diesel.

Check out rates of other major cities:

Cities Petrol Diesel
Kolkata 106.03 92.76
Chennai 102.63 94.24
Gurgaon 96.92 89.79
Chandigarh 96.20 84.26
Hyderabad 109.66 97.82
Jaipur 108.48 93.72
Trivandrum 109.73 98.53
Bhubaneswar 103.01 94.58
Patna 107.24 94.04

How do OMCs determine fuel prices?

OMCs such as Indian Oil, Bharat Petroleum and Hindustan Petroleum review and determine petrol and diesel prices on a daily basis. These are determined in accordance with the price of crude oil throughout the world.

Why fuel prices vary across states?

The rates for each day, whether new or unchanged, are announced at 6 am on the day . These, however, vary from state-to-state; this is due to criteria such as Value Added Tax (VAT), freight charges, local taxes etc.


For all the latest business News Click Here 

Read original article here

Denial of responsibility! TechAI is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.