Petrol, Diesel prices today: Fuel prices static despite sharp fall in global oil rates
India TodayThe state-run oil marketing companies have not increased the prices of petrol and diesel on Sunday, November 28, 2021, amid a sharp decline in crude oil prices in the international market. The central government had slashed the excise duty on petrol and diesel by Rs 5 and Rs 10, respectively, to bring down retail rates from record highs. In Punjab, petrol and diesel prices were reduced by Rs 16.02 and Rs 19.61 per litre, respectively, as a result of the combined impact of excise duty and VAT cuts. On November 16, Rajasthan Chief Minister Ashok Gehlot announced that the state cabinet had decided to reduce VAT on petrol and diesel prices by Rs 4 and 5, respectively. Petrol, diesel prices in major Indian cities CITY PETROL DIESEL NEW DELHI Rs 103.97 Rs 86.67 KOLKATA Rs 104.67 Rs 89.79 CHENNAI Rs 101.40 Rs 91.43 MUMBAI Rs 109.98 Rs 94.14 HYDERABAD Rs 108.20 Rs 94.62 BANGALORE Rs 100.65 Rs 85.08 PATNA Rs 105.92 Rs 91.09 BHOPAL Rs 107.23 Rs 90.87 Fuel prices are revised by OMCs like Indian Oil, Bharat Petroleum and Hindustan Petroleum based on international prices in the preceding 15 days and foreign stock exchanges.