Price of fuel on October 10th

10 Oct 2022 , 08:48 AM

According to the most recent price notification sent out by fuel merchants, the cost of gasoline and diesel remained constant in all major cities as of October 10.

Delhi pays Rs96.72 and Rs89.62 per liter for gasoline and diesel, respectively. In Mumbai, a liter of gasoline costs Rs106.31 and a liter of diesel costs Rs97.28. Diesel and gasoline costs, respectively, Rs102.63, Rs94.24, Rs106.03, and Rs92.76 in Chennai and Kolkata.

Government statistics show that in September, India’s gasoline demand fell to a 10-month low. According to Reuters, which cited official statistics, the total monthly gasoline demand in September decreased by 3.6% from August while increasing by 8.1% from September 2021.

The inability of state-owned oil marketing firms to pass on higher oil prices to customers would cause them to continue to incur significant marketing losses in addition to a fall in refining margins, which was partially mitigated in the June quarter.

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