State-run oil companies sent a price notification on August 25, a day after gasoline and diesel prices saw a little rate reduction, indicating no change in pricing nationwide. On August 24, Delhi’s gasoline and diesel prices were lowered to Rs101.49 and Rs88.92, respectively. The national capital’s prices remained the same today.
Similar trends were seen in Mumbai’s fuel pricing. Retail gasoline costs Rs107.52 per liter, remaining constant. The financial center made history on May 29 when it became the first metro area in the nation to sell gasoline for more than Rs100 a liter. In the capital of Maharashtra, diesel continues to be sold for Rs96.48 per liter. In Kolkata, the cost of a liter of gasoline and diesel remained the same at Rs101.82 and Rs91.98, respectively.
A liter of gasoline was also sold for Rs99.20 in Chennai. Last week, the DMK-led government in Tamil Nadu announced a 3 rupee per liter tax reduction on gasoline. In the capital of Tamil Nadu, the cost of diesel remained constant at Rs93.52 a liter.
On July 17, the cost of gasoline and diesel last increased. Before that, from May 4 to July 17, the cost of a liter of gasoline rose by Rs11.44. During this time, diesel prices increased by Rs9.14. Due to the price increase at this time, diesel prices in at least three states and more than half of the nation now exceed Rs100 per liter.
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