Check fuel prices on March 15
Petrol and diesel prices continue to remain elevated in most parts of India.
India, like many other nations, relies heavily on fossil fuels to power its transportation sector. Petrol and diesel are the two most frequently used fuels in the country, and they have maintained a consistent price for the past nine months.
Due to a price freeze enforced by Indian Oil Marketing Companies (OMCs), the prices of these fuels have become impervious to exchange rate and supply and demand fluctuations. OMCs usually updated prices based on the most recent market trends every morning at 6 am, but they have maintained stability to recuperate the losses sustained in the previous quarters.
This pattern of unchanged prices persisted on March 15, 2023, as well. Petrol and diesel prices continue to remain elevated in most parts of India. In Delhi, petrol is available for sale at Rs 96.72 per litre, while diesel is sold at Rs 89.62 for the same amount.
In Chennai, petrol is retailing at Rs 102.73 per litre, while diesel continues to stand at Rs 94.33 per litre.
Mumbai has the highest prices of the lot for petrol at Rs 106.31 per litre. Diesel here costs Rs 94.27 per litre. In Kolkata, the price of a liter of petrol was stagnant at Rs 106.03, while diesel continued trading at Rs 92.76 per litre.
Find fuel rates in different cities in India on Wednesday, March 15 here:
New Delhi
Petrol: Rs 96.72 per liter
Diesel: Rs 89.62 per liter
Chennai
Petrol: Rs 102.73 per liter
Diesel: Rs 94.33 per liter
Calcutta
Petrol: Rs 106.03 per liter
Diesel: Rs 92.76 per liter
MUMBAI
Petrol: Rs 106.31 per liter
Diesel: Rs 94.27 per liter
Bengaluru
Petrol: Rs 101.94 per liter
Diesel: Rs 87.89 per liter
Lucknow
Petrol: Rs 96.57 per liter
Diesel: Rs 89.76 per liter
Bhopal
Petrol: Rs 108.65 per liter
Diesel: Rs 93.90 per liter
Gandhi Nagar
Petrol: Rs 96.63 per liter
Diesel: Rs 92.38 per liter
Hyderabad
Petrol: Rs 109.66 per liter
Diesel: Rs 97.82 per liter
Thiruvananthapuram
Petrol: Rs 107.71 per liter
Diesel: Rs 96.52 per liter
It is worth noting that petrol and diesel prices differ from state to state, influenced by various factors, such as Value Added Tax (VAT), freight charges, and local taxes. The most recent nationwide alteration in fuel prices occurred on May 21 of the previous year when Finance Minister Nirmala Sitharaman lowered excise duty by Rs 8 per liter on petrol and Rs 6 per liter on diesel.
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