Oil and diesel prices remained stable on Sunday, December 5, 2021, after the central government announced an excise tax cut. State-run oil companies (OMCs) have not changed the price of oil and diesel in major cities today.
It sells at 95.41 liters per liter of diesel at Rs 86.67 per liter. Earlier this week, the Kyrgyz government reduced VAT on petrol by 30 percent to 19.40 percent, lowering 8.56 rubles per liter in the capital. Gasoline prices have now risen to 95.41 Rs from 103.97 Rs following the VAT deduction, and diesel prices remain unchanged.
It should be noted that the price of petrol and diesel in the capital was higher compared to other NRC cities as the two states reduced VAT due to the excise duty on excise duty.
Petroleum and diesel prices are 109.98 Rs 94.14 Rs respectively in the financial capital of India, Mumbai. Fuel prices are the highest in Mumbai among the four metro cities.
Gasoline is available at Rs 101.40 Rs per liter and diesel 91.43 Rs per liter. Gasoline, on the other hand, buys petrol 104.67 liters per liter and diesel costs 101.56 birr per liter.
However, experts say that if global oil prices continue to plummet, gasoline and diesel prices could plummet.
On the eve of Diwali, the government announced a reduction in excise duty on petrol, reducing the price of petrol by 5 Rs and diesel by 10 Rs. Soon, several states, mostly led by the NDA, came in to cut prices. Taxes on fuel and diesel will make them cheaper.
Petroleum and diesel prices are rising sharply in Rajasthan.
Gasoline and diesel prices vary from state to state as well as to cities, depending on VAT and freight charges. According to the reports, Rajasthan will have the highest turnout in the country, followed by Maharashtra and Madhya Pradesh.
Gasoline in Rajasthan Sri Lanka sells 112 liters per liter and diesel costs 95.26 Rs per liter. Petroleum prices, on the other hand, are cheaper at Port Blair, with Rs 82.96 Rs per liter and Rs 77.13 Rs per liter.
The BJP and Congress are locked in a Jarkhand VAT reduction. Jarkand Petroleum Distributors Association will go on strike on December 21, following a proposal to reduce VAT from 22 percent to 17 percent.
On the other hand, with the new Covid-19 variant Omicron, global oil prices have fallen sharply. Omicron crude oil prices have fallen below $ 70.
How to check fuel prices via SMS
Indian oil customers can check their petrol and diesel prices by sending RSP Space Petroleum Pump Code to 9224992249. Hindustan Petroleum for the past 15 days and international exchange rates. Any changes in fuel and diesel prices will take effect daily from 6 p.m.
Oil, diesel prices in major Indian cities
|City||Petrol (in liters)||Diesel (in liters)|
|Delhi||95.41 rubles||86.67 rubles|
|Mumbai||109.98 rubles||94.14 rubles|
|Kolkata||104.67 rubles||101.56 rubles|
|Cheney||101.40 rubles||91.43 Birr|
|Hyderabad||108.20 rubles||94.62 rubles|
|Bangalore||100.58 rubles||85.01 rubles|
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