For the sixth day in a row on August 30, the price of gasoline and diesel was the same throughout metro areas. Fuel prices in Delhi are now Rs101.49 for a litre of gasoline and Rs88.92 for a litre of diesel. Mumbai continues to sell gasoline for Rs107.52 per litre. The financial hub was the first city in the country to sell gasoline for more than Rs100 a litre on May 29. Diesel’s price per litre in the Maharashtra state capital remained steady at Rs96.48.
The per-liter prices for gasoline and diesel in Kolkata stayed unchanged at Rs101.82 and Rs91.98, respectively. In Chennai, a litre of gasoline cost Rs 99.20. The DMK administration in Tamil Nadu had previously proposed a tax decrease of Rs 3 per litre on gasoline. The cost of fuel in Tamil Nadu’s capital remained constant at Rs93.52 per litre.
On August 25, the government of Puducherry revealed that the territory administration has reduced the value-added tax (VAT) on gasoline by 3%. Petrol prices in the Puducherry and Karaikal districts decreased by Rs2.43 per liter as a result of the drop.
Local gasoline prices are contrasted with international oil prices since about 85% of the nation’s energy requirements must be imported. The last time the cost of gasoline and diesel went up was on July 17. Prior to that, the cost of fuel increased by Rs11.44 a liter from May 4 to July 17. During this period, the price of fuel has increased by Rs9.14. During this period, diesel prices in at least three states and the price of gasoline in over 50% of the country both increased beyond Rs100 per liter.
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