The price of petrol and diesel remained unchanged on Friday. The last country-wide change in fuel prices was on May 21 last year when the Centre cut the excise duty on petrol by ₹8 per litre and by ₹6 per litre on diesel. The public sector oil marketing companies (OMCs) including Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL) and Hindustan Petroleum Corporation Ltd (HPCL) revise the rates daily at 6 am as per the international benchmark prices and forex rates.
However, prices will vary across states depending on the local taxes, value-added tax (VAT) and freight charges, etc.
Fuel prices in cities like New Delhi, Kolkata and Mumbai saw no change as per Goodreturns. In the national capital, petrol and diesel can be bought for ₹96.72 and ₹89.62 per litre, respectively. In the financial capital, petrol currently retails at ₹106.31 per litre, while diesel is being sold at ₹94.27 per litre.
In Chennai, petrol and diesel became costlier by around 10 paise. Petrol and diesel have become cheaper by 12 paise and 11 paise in Gurgaon. Noida saw a drop of 34 paise in the price of petrol and 33 paise in the cost of diesel.
| City | Petrol (Rs/Litre) | Diesel (Rs/Litre) |
| Kolkata | 106.03 | 92.76 |
| Bengaluru | 101.94 | 87.89 |
| Trivandrum | 109.73 | 98.53 |
| Chandigarh | 96.20 | 84.26 |
| Lucknow | 96.57 | 89.76 |
Oil prices edged higher on Friday with Brent poised for its first monthly gain this year, as a big drawdown in U.S. oil stocks outweighed concerns that fuel demand will be dented further by more interest rate hikes.
