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

State-owned oil marketing companies on Saturday yet again revised diesel prices by up to 21 paise across the country. However, the petrol rates remained stable across all metros. Diesel is now cheaper by 20 paise in the capital city bringing the rate to Rs. 71.82 per litre from Rs. 72.02 per litre, according to the notification from Indian Oil Corporation. Petrol price remains untouched at Rs. 81.14 per litre in Delhi. This price revision comes after marginal rate cut for the auto fuels on Friday, making diesel cheaper by around 80 paise per litre in the last three days.

By Charanpreet Singh

1 mins read

Published on September 19, 2020

Highlights

Diesel prices reduced by up to 21 paise across all metro cities
Petrol rates remained unchanged across all metros
Petrol and diesel prices are reviewed daily by the state-run OMCs

State-owned oil marketing companies on Saturday yet again revised diesel prices by up to 21 paise across the country. However, the petrol rates remained unchanged across all metros. Diesel is now cheaper by 20 paise in the capital city bringing the rate to Rs. 71.82 per litre from Rs. 72.02 per litre, according to the notification from the Indian Oil Corporation. Petrol price remains untouched at Rs. 81.14 per litre in Delhi. This price revision comes after the marginal rate cut for the auto fuels on Friday, making diesel cheaper by around 80 paise per litre in the last three days. Also Read: Petrol, Diesel Prices Reduced By Up To 24 Paise In India Buyers in Kolkata will now have to pay Rs. 75.32 for one litre of diesel In Mumbai, diesel rate was cut by 21 paise, bringing down the price to Rs. 78.27 per litre. At present, petrol rate remains unchanged at Rs. 87.82 per litre. Buyers in Kolkata will now have to pay Rs. 75.32 for one litre of diesel, while the petrol cost is retailed at Rs. 82.67 per litre. Petrol and diesel in Chennai cost Rs. 84.21 per litre and Rs. 77.21 per litre respectively. Here are the prices of petrol and diesel in the four metros on September 19: City Petrol Diesel Delhi Rs. 81.14 Rs. 71.82 Mumbai Rs. 87.82 Rs. 78.27 Chennai Rs. 84.21 Rs. 77.21 Kolkata Rs. 82.67 Rs. 75.32 Bengaluru Rs. 83.78 Rs. 76.04 OMC's on Friday had reduced prices of petrol and diesel by up to 26 paise and up to 37 paise respectively across the metros. Petrol and diesel rates have been slashed by 94 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 Mumbai, diesel declined by 21 paise while petrol rates remained untouched at Rs. 87.82 per litre Also Read: Indian Oil Sees Petrol, Gasoil Sales At Pre-Pandemic Levels In First Half Of FY21 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 that come into effect from 6 am IST.