Diesel Prices Cut By Up To 25 Paise Across Metros, Petrol Rates Unchanged

According to the notification from the Indian Oil Corporation, diesel rates on Sunday were reduced by up to 25 paise across all metro cities in India. Petrol prices remained more or less untouched throughout the country, except Kolkata which witnessed a price reduction of 2 paise. In the capital city, diesel is now cheaper by 24 paise bringing down the price to Rs. 71.58 per litre from Rs. 71.82 per litre. Petrol price remained steady at Rs. 81.14 per litre in Delhi. The oil marketing companies had reduced the diesel prices up to 20 paise on Saturday, making diesel cheaper by around Rs. 1 per litre in the last four days.

Also Read: Diesel Rates Sees Price Cut By Up To 21 Paise Across Metros, Petrol Price Remains Untouched

Fuel prices vary from state to state because of different rates of local taxes and VAT imposed

Domestic price of diesel was cut by 25 paise in Mumbai, that brough the retail price to Rs. 78.02 per litre. Presently, the petrol price remains untouched at Rs. 87.82 per litre. Kolkata is the only city that has witnessed a price cut for both the auto fuels, where buyers will now have to pay Rs. 82.65 and Rs. 75.08 for one litre of petrol and diesel, respectively. Petrol and diesel in Chennai cost Rs. 84.21 per litre and Rs. 76.99 per litre respectively.

This is the third consecutive drop in diesel prices since Friday. OMC's had reduced diesel rates up to 37 paise across the metros, while petrol prices saw a dip of up to 26 paise. Petrol and diesel rates have been slashed by 1.19 paise and Rs. 1.54 in Delhi respectively. Prices vary from state to state because of different rates of local taxes and VAT imposed.

In Kolkata, petrol and diesel prices have declined by 2 paise and 24 paise respectively

Here are the prices of petrol and diesel in the four metros on September 20:

Also Read: Petrol, Diesel Prices Reduced By Up To 24 Paise In India​

Hindustan Petroleum Corporation, Indian Oil Corporation and Bharat Petroleum Corporation are the three major oil retailing companies in the country. They review petrol and diesel rates on daily basis and make necessary revisions across all the fuel pumps.