New Delhi: There was no transpiration in the prices of petrol and diesel wideness the country on July 11. Despite the fall in transplanted oil prices in the international market, oil companies have kept fuel prices stable. Brent transplanted sealed virtually $76 per barrel, but its impact was not visible on domestic retail prices at the moment.
The prices of petrol and diesel were last increased in India on May 25. At that time petrol had wilt costlier by Rs 2.61 and diesel by Rs 2.71 per litre.
What are the latest rates in major cities of the country?
Fuel prices in big cities of the country remain the same as before.
| City | Petrol (Rs/litre) | Diesel (Rs / litre) |
|---|---|---|
| Delhi | 102.12 | 95.20 |
| Mumbai | 111.21 | 97.83 |
| Kolkata | 113.51 | 99.82 |
| Chennai | 107.94 | 99.71 |
| Bengaluru | 110.44 | 98.39 |
| Hyderabad | 115.69 | 103.82 |
Diesel prices in Hyderabad remain whilom Rs 100 per litre, while in other major cities they are unelevated Rs 100.
Has any visitor made fuel cheaper?
State oil companies have kept prices unchanged, but Rosneft-backed Nayara Energy has made petrol cheaper by Rs 5 and diesel by Rs 3 per litre at its nearly 7,000 petrol pumps. This reduction is workable only on its retail network.
How are the prices of petrol and diesel decided in India?
Fuel prices in India depend on many factors. The biggest impact of these is the prices of transplanted oil in the international market. Apart from this, the position of the rupee versus the dollar, taxes imposed by the inside and state governments, transportation financing and local demand moreover stupefy the prices.
Why are prices variegated in every state and city?
VAT and other local taxes vary in variegated states of the country. This is the reason why the prices of petrol and diesel are not the same in every city. Apart from this, freight charges and local taxes moreover stupefy the retail prices.
