Petrol, diesel prices on May 31: Check latest rates in your city

Petrol, diesel prices: Oil Marketing Companies (OMCs) like Indian Oil, Bharat Petroleum and Hindustan Petroleum review the fuel prices on a daily basis.

Published on: May 31, 2023, 10:48:28 IST

By HT News Desk

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Continuing the year-long price stability trend, the prices of petrol and diesel remained unchanged on Wednesday as compared to the figures of Tuesday. Fuel rates in major cities including Delhi, Mumbai, Kolkata and Chennai have remained same since May 21 last year, when the centre announced to slash the excise duty on petrol and diesel.

A motorcyclist makes payment using Rs. 2000 note, at a petrol pump, in Lucknow. (PTI)

CITY	PETROL (Rs/LITRE)	DIESEL (Rs/LITRE)
DELHI	96.72	89.62
MUMBAI	106.31	94.27
KOLKATA	106.03	92.76
CHENNAI	102.74	94.25
BENGALURU	101.94	87.89

Oil Marketing Companies (OMCs) like Indian Oil, Bharat Petroleum and Hindustan Petroleum review and update petrol and diesel prices daily based on the most recent market trends.

The rates for each day, whether new or unchanged, are announced daily at 6 am. These, however, vary from state-to-state due to Value Added Tax (VAT), freight charges, local taxes etc.

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HT News Desk
Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.Read More

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