The government would take a holistic view on retail fuel pricing
Finance minister has labelled about 65 per cent of the fuel excise revenue as cess, including the restructured road and infrastructure cess
This is the tenth consecutive cut in petrol prices. Diesel prices have also been cut consecutively, barring a day when its prices remain unchanged
This is the eleventh consecutive cut in petrol prices. Diesel prices have also been cut consecutively, barring a day when its prices remain unchanged
After 16 consecutive days of hikes, petrol prices had touched the peak of Rs 78.43 per litre in Delhi and Rs 86.24 per litre in Mumbai on May 29
With the latest reduction, petrol prices have come down by 1.98 paise in 14 days
In percentage terms, between May 30 and June 11, petrol prices declined by 2.35% in Delhi, compared to a 5.5% increase in the previous 16 days
Prices in Delhi are the lowest among all metro cities and most state capitals due to lower sales tax or VAT.
Petrol will now cost Rs 76.35 a litre in Delhi, down from Rs 76.43
The price of diesel was unchanged for the fourth day in a row
This was the fifth consecutive day petrol prices were cut and the third consecutive day diesel prices went down
Petrol now costs Rs 75.55 per litre in Delhi, down from Rs 75.69 on Monday
Here is a price list for petrol and diesel across major metros and state capitals. Find out what you have to pay for fuel in your city
Prices of non-branded petrol, applicable on June 22, were Rs 76.02 per litre in Delhi, Rs 78.70 per litre in Kolkata, Rs 83.74 per litre in Mumbai and Rs 78.89 per litre in Chennai
Petrol and diesel prices have largely been on the downside since May 30, although with a nominal decline on a daily basis
The price of petrol in Delhi climbed to Rs 75.71 per litre from Rs 75.55 and diesel to Rs 67.50 a litre from Rs 67.38, according to price notification of Indian Oil Corp
On Thursday, petrol prices were increased by 16 paise per litre to be priced at Rs 75.71 in Delhi
Fitch expects global oil prices to remain high over the rest of 2018, while further rupee depreciation is a risk amid US monetary tightening
Since Thursday, petrol prices have gone up by a cumulative 80-85 paise per litre and diesel rates by 69-74 paise per litre
The Brent crude oil prices have eased in the past one week and are currently around $75 per barrel