Petrol and diesel prices remained largely steady across major Indian cities on September 19, with rates in Delhi, Mumbai, Kolkata and Chennai showing no change in the latest available metro city data, according to fuel price trackers.
Global crude prices have remained elevated amid geopolitical uncertainty. Brent crude had recently eased after reaching a four month high, with Brent quoted at $107.82 a barrel and WTI at $104.86. Despite the elevated international crude prices, Indian retail petrol and diesel prices have remained relatively stable in the major cities.
City-Wise Petrol and Diesel Prices
New Delhi
Petrol: Rs.102.12/litre
Diesel: Rs.95.20/litre
Mumbai
Petrol: Rs.111.21/litre
Diesel: Rs.97.83/litre
Kollkata
Petrol: Rs.113.51/litre
Diesel: Rs.99.82/litre
Chennai
Petrol: Rs.107.77/litre
Diesel: Rs.99.55/litre
Bengaluru
Petrol: Rs.111.68/litre
Diesel: Rs.99.56/litre
Gurugram
Petrol: Rs.102.97/litre
Diesel: Rs.95.64/litre
Noida
Petrol: Rs.101.96/litre
Diesel: Rs.95.44/litre
Hyderabad
Petrol: Rs.116.15/litre
Diesel: Rs.104.23/litre
Jaipur
Petrol: Rs.112.66/litre
Diesel: Rs.97.78/litre
Lucknow
Petrol: Rs.101.86/litre
Diesel: Rs.95.36/litre
Chandigarh
Petrol: Rs.101.54/litre
Diesel: Rs.89.47/litre
Bhubaneswar
Petrol: Rs.108.97/litre
Diesel: Rs.100.68/litre
The September 19 city-wise figures show no change in Delhi, Mumbai, Kolkata and Chennai, while Bengaluru's petrol and diesel rates were listed at Rs 111.68/litre and Rs 99.56/litre respectively.
Petrol and diesel prices vary across Indian cities largely because of state-level taxes, particularly VAT, along with transportation costs and dealer commissions. Petrol and diesel are outside the GST regime, so state level taxation contributes to the differences in retail prices.
Recent Government Move On Fuel Exports
The Centre recently reduced export levies on petrol and diesel. Effective September 16, the petrol export levy was reduced by Rs.1 per litre to Rs.0.50 per litre, while the diesel levy was cut by Rs.5 to Rs.20 per litre.
ALSO READ: Windfall Tax Revised: Govt Trims Export Duty On Petrol To Rs 0.5/Litre; Diesel, ATF Also See Cuts
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