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The price of petrol and diesel changes every morning in India. Its price is updated. Government oil companies have also released the price of petrol and diesel. According to Financial Express, there has been a change in the price of petrol and diesel in other metro cities other than Delhi.
The price of petrol and diesel in India varies daily. This price of fuel in India changes due to dynamic pricing. Dynamic pricing in India was implemented in the year 2017. Due to this dynamic pricing, the price of petrol and diesel varies daily. Its price is revised daily.
The price of petrol and diesel changes every morning in India. Its price is updated. Government oil companies have also released the price of petrol and diesel. According to Financial Express, there has been a change in the price of petrol and diesel in other metro cities other than Delhi. Petrol price in Delhi has reached Rs 94.77 and diesel has reached Rs 87.67 per liter.
To buy a liter of petrol in Mumbai, you have to buy Rs 103.50 and diesel Rs 90.03. Petrol price in Kolkata has reached Rs 105.01 and diesel to Rs 91.82. In Chennai, the price of petrol has reached Rs 100.76 and diesel 92.39 per liter.
In India, fuel prices have remained stable since May 2022, after the central government and various state governments cut fuel taxes. Oil Marketing Companies (OMC) amended fuel prices daily at 6 am on the basis of fluctuations in global crude oil prices. The government controls these prices through mechanisms such as excise, base pricing and price limit.
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