Prices of petrol and diesel on September 6

6 Sep 2022 , 08:14 AM

The day after rates were reduced, on September 6, fuel costs were unaltered in all major cities. In Delhi, the price of gasoline is now Rs101.19 a liter, while the cost of diesel is Rs88.62 per liter. According to Indian Oil Corporation, the cost of gasoline is Rs107.26 per liter and the cost of diesel is Rs96.19 per liter in Mumbai (IOCL). In Chennai, where gasoline costs Rs 98.96 per liter and diesel costs Rs93.26 per liter, fuel prices are also unchanged.

Diesel and gasoline in Kolkata are priced at Rs91.71 and Rs101.62 per liter, respectively. On September 5, Delhi and Mumbai each saw a 15-paise reduction in the price of gasoline. After three days of stability in fuel prices, the modification occurred. After remaining steady for seven days, oil marketing organizations (OMCs) updated fuel prices on September 1. In metro cities, the cost of gasoline was reduced by 10—15 paise, while that of diesel was decreased by 14—15 paise.

The last time fuel prices increased was on July 17. Prior to that, the cost of gasoline jumped by Rs11.44 per liter between May 4 and July 17, while the cost of diesel increased by Rs9.14. As a result, numerous Indian cities and villages saw gasoline prices above the psychological Rs100 threshold. Due to value-added tax (VAT) and freight costs, fuel prices vary from state to state. Rates for gasoline and diesel must be evaluated and altered each day in accordance with the pricing methodology used by oil firms. At six in the morning, the new pricing goes into effect.

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