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Petrol and diesel prices in India remain unchanged on Tuesday, August 2. It has been over two months since fuel rates across the country have witnessed a change. After the rate for Domestic LPG cylinder was increased last month, it was speculated that the government will also hike the fuel prices. Ever since the beginning of this year, the fluctuation in the petrol and diesel prices was becoming a cause of concern for common people. However, in May, the central government slashed the excise duty on petrol and diesel in the country. Because of this, the price of petrol fell by Rs 8 per litre and diesel price fell by Rs 6 per litre across the country.
As fuel prices are determined by a variety of factors, they are regularly revised in India by public sector Oil Marketing Companies (OMCs). The prices of petrol and diesel differ from state to state as the retail price is finalised after adding local taxes, VAT (Value Added Tax), freight charges, and so on.
On August 2, the cost of petrol in Delhi is Rs 96.72 per litre, while the diesel rate is Rs 89.62 per litre in the national capital. In Mumbai, petrol and diesel prices are still high at Rs 106.31 per litre and Rs 94.27 per litre respectively, despite price cuts last month. While in Kolkata, petrol is selling at Rs 106.03 per litre and diesel price is at Rs 92.76 per litre. In Chennai, the cost of petrol and diesel are Rs 102.63 and Rs 94.24 per litre, respectively.
Check out fuel rates in major cities including Delhi, Mumbai and others on August 2, 2022:
Delhi
Petrol: Rs 96.72 per litre
Diesel: Rs 89.62 per litre
Mumbai
Petrol: Rs 106.31 per litre
Diesel: Rs 94.27 per litre
Kolkata
Petrol: Rs 106.03 per litre
Diesel: Rs 92.76 per litre
Chennai
Petrol: Rs 102.63 per litre
Diesel: Rs 94.24 per litre
Bhopal
Petrol: Rs 108.65 per litre
Diesel: Rs 93.90 per litre
Hyderabad
Petrol: Rs 109.66 per litre
Diesel: Rs 97.82 per litre
Bengaluru
Petrol: Rs 101.94 per litre
Diesel: Rs 87.89 per litre
Guwahati
Petrol: Rs 96.01 per litre
Diesel: Rs 83.94 per litre
Lucknow
Petrol: Rs 96.57 per litre
Diesel: Rs 89.76 per litre
Gandhinagar
Petrol: Rs 96.63 per litre
Diesel: Rs 92.38 per litre
Thiruvananthapuram
Petrol: Rs 107.71 per litre
Diesel: Rs 96.52 per litre.
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