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Petrol, diesel prices fluctuate today in NCR, UP; Check out price

Fuel cost remains largely steady in major cities of India.

Published on: May 24, 2023, 12:52:04 IST
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Petrol and diesel prices in the national capital region and Uttar Pradesh continues to fluctuate on the third day of this week. However, the costs of one litre of both fuels have largely remained steady since May 21 last year, when the previous pan-India revision of fuel prices was done.

Fuel cost remains largely steady in major cities of India.
Fuel cost remains largely steady in major cities of India.

Cost of one litre of petrol in Gurugram is 96.77 as opposed to 97.18 yesterday and one litre of diesel cost went down to 89.65. Similarly, one litre petrol price has been cut to 96.65, and diesel cost to 89.82 today in Noida.

CitesPetrol (per litre)Diesel (per litre)
Delhi 96.72 89.62
Mumbai 106.31 94.27
Kolkata 106.31 92.76
Bengaluru 101.94 87.89
Chennai 102.63 94.24
Hyderabad 109.66 97.82
Lucknow 96.47 89.66
Patna 107.24 94.04
Travandrum 109.42 98.24

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.

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