Petrol and diesel prices were lowered marginally on Thursday. With effect from 6 am, petrol prices were at Rs 77.63 per litre in Delhi, Rs 80.28 per litre in Kolkata, Rs 85.45 per litre in Mumbai and Rs 80.59 per litre in Chennai, according to Indian Oil Corporation. Diesel prices were at Rs 68.73 per litre, Rs 71.28 per litre, Rs 73.17 per litre and Rs 72.56 per litre in Delhi, Kolkata, Mumbai and Chennai respectively. Petrol and diesel prices are deregulated in India, therefore prices at fuel stations are market-determined, based majorly on global crude oil rates and rupee-dollar forex rates.
Oil Minister Dharmendra Pradhan ruled out any rollback of deregulation of fuel prices. Despite having the burden of repaying oil bonds, the government will take full responsibility of keeping fuel prices in check and ensuring they don't go out of reach of the common man. He also reiterated that the government was working on a long-term solution to address oil price fluctuations while taking a holistic view of all factors.
Petrol and diesel prices were lowered marginally on Thursday. With effect from 6 am, petrol prices were at Rs 77.63 per litre in Delhi, Rs 80.28 per litre in Kolkata, Rs 85.45 per litre in Mumbai and Rs 80.59 per litre in Chennai, according to Indian Oil Corporation. Diesel prices were at Rs 68.73 per litre, Rs 71.28 per litre, Rs 73.17 per litre and Rs 72.56 per litre in Delhi, Kolkata, Mumbai and Chennai respectively. Petrol and diesel prices are deregulated in India, therefore prices at fuel stations are market-determined, based majorly on global crude oil rates and rupee-dollar forex rates.
Oil Minister Dharmendra Pradhan ruled out any rollback of deregulation of fuel prices. Despite having the burden of repaying oil bonds, the government will take full responsibility of keeping fuel prices in check and ensuring they don't go out of reach of the common man. He also reiterated that the government was working on a long-term solution to address oil price fluctuations while taking a holistic view of all factors.
Petrol and diesel prices were lowered marginally on Thursday. With effect from 6 am, petrol prices were at Rs 77.63 per litre in Delhi, Rs 80.28 per litre in Kolkata, Rs 85.45 per litre in Mumbai and Rs 80.59 per litre in Chennai, according to Indian Oil Corporation. Diesel prices were at Rs 68.73 per litre, Rs 71.28 per litre, Rs 73.17 per litre and Rs 72.56 per litre in Delhi, Kolkata, Mumbai and Chennai respectively. Petrol and diesel prices are deregulated in India, therefore prices at fuel stations are market-determined, based majorly on global crude oil rates and rupee-dollar forex rates.
Oil Minister Dharmendra Pradhan ruled out any rollback of deregulation of fuel prices. Despite having the burden of repaying oil bonds, the government will take full responsibility of keeping fuel prices in check and ensuring they don't go out of reach of the common man. He also reiterated that the government was working on a long-term solution to address oil price fluctuations while taking a holistic view of all factors.
Here are five things to know about petrol and diesel prices today:
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