Tuesday, 02 January 2024 12:17 GMT

Petrol, Diesel Prices Today, November 6: Check Latest Rates In Delhi, Mumbai, Bengaluru And More


Date:

(MENAFN- AsiaNet News)

Petrol and diesel prices across major Indian cities remain largely unchanged, with motorists continuing to pay different rates depending on their location. Fuel prices in India are influenced by several factors, including international crude oil prices, currency fluctuations, transportation expenses and state-level taxes.

The latest available fuel-price data indicates that retail rates have remained steady across the major metropolitan cities. Oil marketing companies (OMCs) review petrol and diesel prices regularly, taking into account movements in the international energy market and other pricing components.

Among the major cities, fuel prices continue to show considerable variation. Mumbai, Kolkata, Chennai, Bengaluru, Hyderabad and Delhi have different retail rates, reflecting differences in state taxes, dealer commissions and transportation costs. Consequently, consumers in different parts of the country pay different amounts for the same quantity of fuel.

Petrol and Diesel City-Wise Rates - November 6, 2026

City Petrol (Rs/litre) Diesel (Rs/litre)
Delhi Rs 102.12 Rs 95.20
Mumbai Rs 111.21 Rs 97.83
Kolkata Rs 113.51 Rs 99.82
Chennai Rs 107.77 Rs 99.55
Bengaluru Rs 110.89 Rs 99.56
Hyderabad Rs 115.69 Rs 104.23

Global crude oil movements remain an important factor influencing India's domestic fuel market. India imports a significant share of its crude oil requirements, making domestic fuel costs sensitive to international supply conditions, geopolitical developments and changes in the rupee-dollar exchange rate.

However, fluctuations in global crude prices do not always translate into immediate changes at petrol pumps. Oil marketing companies consider several factors before revising retail rates, while central excise duty and state-level Value Added Tax (VAT) also contribute to the final price paid by consumers.

India follows a dynamic fuel-pricing mechanism under which petrol and diesel rates are reviewed daily. Oil marketing companies generally announce any revisions at 6 am, with updated prices becoming effective from that time. However, daily reviews do not necessarily result in price changes.

Another important factor is taxation. Petrol and diesel are currently outside the Goods and Services Tax (GST) framework and are subject to central excise duty and state-level taxes. This contributes to differences in fuel prices across states.

Motorists are advised to check the latest city-wise petrol and diesel prices before refuelling, as local rates may vary.

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