Petrol and diesel prices in India remained unchanged on Friday, March 27, despite the excise duty cut decision by the government. The central government, in an order Thursday, cut the special additional excise duties on diesel and petrol to ₹3 per litre and zero, respectively.
People queue to fill petrol at a petrol pump at Vashi, in Navi Mumbai, India, on Thursday (HT Photo)
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Amid concerns of an oil price surge, residents flocked to fuel stations across India. In Uttar Pradesh, police were deployed at several outlets to maintain order and prevent untoward incidents, HT reported.
Petrol prices in the major cities remained largely unchanged. The highest petrol price was recorded in Hyderabad at ₹107.46. Yesterday, the petrol price in Hyderabad stood at the same price.
Over the past 10 days, fluctuations have been observed, with prices ranging between ₹103.50 and ₹90 across cities.
In terms of diesel prices, Hyderabad recorded ₹ 95.70 per litre, which is the same as yesterday.
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In terms of diesel prices, Hyderabad recorded ₹ 95.70 per litre, which is the same as yesterday.
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City
Price per litre (Rs)
Hyderabad
95.70
Bhubaneswar
92.69
Chennai
92.39
Kolkata
92.02
Bangalore
90.99
Mumbai
90.03
Noida
87.81
Gurgaon
87.83
New Delhi
87.67
Chandigarh
82.45
View All
The notification by central government to slash excise duty comes amid a supply disruption due to the ongoing US-Iran war, which has pushed the global crude oil prices above $100. Disruptions at major supply routes like the Strait of Hormuz have worsened the situation.
A day earlier, Nayara Energy, India's largest private fuel retailer, increased petrol prices by ₹5.30 per litre and diesel by ₹3 per litre. According to news agency PTI, Nayara Energy, which operates 6,967 of India's 102,075 petrol pumps, has decided to pass on part of the increase in input costs to consumers.
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Home/India News/Petrol, diesel prices on March 27 after fuel excise cut. Check city-wise rates
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