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Price of petrol and diesel on November 16th

16 Nov 2022 , 09:07 AM

According to the most recent price notification sent out by fuel retailers, petrol and diesel prices were stable on November 16 across metro areas.
In Delhi, a liter of gasoline or diesel costs Rs 96.72 or Rs 89.62. In Mumbai, petrol costs Rs 106.31 a liter, and diesel costs Rs 94.27 per liter. Prices for petrol and diesel in Chennai are Rs 102.63/liter and Rs 94.24/liter, while prices in Kolkata are Rs 106.03/liter and Rs 92.76/liter, respectively.

To provide relief to customers earlier this year, when fuel costs reached an all-time high with increases virtually every other day until May, the government cut the tax on gasoline and diesel. The reduction in excise duty on gasoline and fuel resulted in price drops of Rs. 9.5 for petrol and Rs. 7 for diesel per liter.

For feedback and suggestions, write to us at editorial@iifl.com

Related Tags

  • Brent
  • business
  • Chennai
  • commodities
  • crude
  • diesel
  • Mumbai
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