Petrol and Diesel Prices Remain Steady on August 30, 2023

The price of petrol and diesel remained unchanged on Tuesday, August 30, across major cities in India, including New Delhi, Kolkata, Mumbai, and Chennai. Fuel prices are subject to daily revisions, with updates announced at 6 am each day. It’s important to note that these prices can vary from state to state due to factors such as value-added tax (VAT), freight charges, and local taxes.

In specific regions, there have been noticeable changes in fuel prices. In Bihar, for instance, the cost of petrol has risen by 37 paise, while diesel has gone up by 34 paise. Chhattisgarh witnessed an increase of 47 paise for both petrol and diesel. Other states that have seen an uptick in fuel prices include Himachal Pradesh, Madhya Pradesh, Kerala, and Odisha.

On the contrary, Gujarat experienced a decrease of 70 paise for both petrol and diesel. Maharashtra saw a reduction of 89 paise in petrol prices and 86 paise in diesel prices. Similarly, Punjab reported a decrease of 51 paise in petrol and 49 paise in diesel prices. Even Uttar Pradesh witnessed a decline in fuel prices.

As of now, the price of petrol in Delhi stands at Rs 96.72 per litre, while diesel is priced at Rs 89.62 per litre. In Mumbai, petrol is available at Rs 106.31 per litre, and diesel costs Rs 94.27 per litre. Kolkata’s petrol price is Rs 106.03 per litre, and diesel is priced at Rs 92.76 per litre. In Chennai, petrol costs Rs 102.63 per litre, and diesel is priced at Rs 94.24 per litre.

Fuel prices are determined by oil marketing companies (OMCs) such as Indian Oil, Bharat Petroleum, and Hindustan Petroleum. These prices are set daily and are influenced by the global crude oil prices.

Understanding the Variation in Fuel Prices Across States

Why do fuel prices differ from state to state? The variation in fuel prices can be attributed to multiple factors, including:

  1. Value Added Tax (VAT): Different states impose varying levels of VAT on fuel, which directly affects the final price consumers pay.
  2. Freight Charges: The transportation cost of fuel from refineries to different states can impact the overall cost.
  3. Local Taxes: Some states levy additional local taxes on fuel, further contributing to the price disparity.

Petrol and Diesel Prices in Major Cities on August 30, 2023

Here’s a city-wise breakdown of petrol and diesel prices on August 30, 2023:

CITY Petrol (Per Litre) Diesel (Per Litre)
Bengaluru Rs 101.94 Rs 87.89
Chandigarh Rs 96.20 Rs 84.26
Chennai Rs 102.86 Rs 94.46
Gurugram Rs 96.84 Rs 89.72
Kolkata Rs 106.03 Rs 92.76
Lucknow Rs 96.57 Rs 89.76
Mumbai Rs 106.31 Rs 94.27
New Delhi Rs 96.72 Rs 89.62
Noida Rs 96.79 Rs 89.96

How to Check Petrol and Diesel Prices City-Wise

You can easily stay informed about the daily petrol and diesel rates for your city through SMS. Follow these steps for different oil companies:

  • For Indian Oil customers: Send an SMS with “RSP” and your city code to 9224992249.
  • For BPCL customers: Send an SMS to 9223112222 with “RSP” and your city code.
  • HPCL consumers can send an SMS with “HPPrice” and their city code to 9222201122.

By following these simple steps, you can receive timely updates on the fuel prices in your city, helping you plan your travel expenses accordingly.

In conclusion, understanding the factors influencing fuel prices and staying updated on the latest rates can empower consumers to make informed decisions. As fuel prices continue to fluctuate, staying informed becomes crucial for managing personal and business transportation costs.

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