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Petrol, diesel prices today remain unchanged in Delhi, Hyderabad, Chennai, Mumbai - 9 May 2020
Even as the central government has hiked the excise duty on petrol and diesel by ₹10-13 per litre, the state-run petroleum companies did not increase petrol and diesel pieces keeping it stable.
Petrol and diesel prices on 9 May 2020: Even as the central government has hiked the excise duty on petrol and diesel by ₹10-13 per litre, the state-run petroleum companies did not increase petrol and diesel pieces keeping it stable. It is learnt that rates of the two fuel prices have went up during the lockdown as the state governments have hiked VAT on petrol and diesel. The petroleum companies have not changed their base price of the two fuels after March 16 due to the fall in Brent crude oil rates.
In Delhi, after a hike on Tuesday, the petrol price per litre remained stable at Rs. 71,26 per litre and the diesel at Rs.69.39 per litre and continued to be stable till today. In Mumbai, petrol remains at Rs.76.31 per litre and diesel price is also stable at Rs.66.21 per litre. In Chennai, the petrol price per litre is recorded at Rs. 75.54 per litre whereas diesel is priced at Rs. 68.22 per litre.
Going the petrol and diesel prices, petrol prices in Hyderabad have been turning more volatile, as prices of crude oil have been showing a firm trend. If we check todays petrol price in Hyderabad, it is recorded at Rs.73.97 and diesel at Rs. 67.82.
The petrol and diesel prices mentioned above are due at 8 in the morning and petroleum companies revise the petrol and diesel prices on the basis of crude oil prices in the international market. Against this backdrop, prices are subjected to change regularly.
