Fuel prices remain unchanged for 2nd day on Thursday

Published: Jan 24, 2019, 10:05 am IST
Relief to consumers as petrol, diesel get cheaper

Petrol and diesel prices remained unchanged on Thursday after six days of continuous rise.
In the national capital, petrol is being sold for Rs 71.27 per litre while diesel costs Rs 65.90 a litre.
In Mumbai, people have to shell out Rs 76.98 for a litre of petrol while diesel costs Rs 69.01 per litre.
According to Indian Oil Corporation website, petrol and diesel cost Rs 73.36 and Rs 67.68 per litre in Kolkata.
Similarly, in Chennai, petrol is retailing at Rs 73.99 and diesel Rs 69.62 a litre.
In Noida, petrol and diesel are being sold Rs 70.97 a litre and Rs 65.06 p/l, whereas in Gurugram, a litre of petrol costs Rs 71.99 and diesel Rs 65.67.
As per the country’s dynamic pricing mechanism, the domestic fuel prices depend upon international fuel prices on a 15-day average and the value of the rupee.
The price of the two fuels retailing at the petrol pumps is calculated after adding central excise duty, dealers commission and value-added tax (VAT) to the base price. (UNI)