New Delhi: There is a fall in the prices of crude oil in the international market. At the same time, the prices of petrol and diesel remained stable at the national level. Indian oil companies have not made any change in fuel prices even today (Monday). Let us tell you that after the record inflation in October, there has been no change in the prices of petrol and diesel since Diwali in November.
According to the latest update by Indian Petroleum Marketing Company Indian Oil Corporation (IOCL), petrol prices in the country’s capital Delhi are still stable at Rs 103.97 while diesel is stable at Rs 86.67 per liter on November 22. Petrol price in Mumbai is Rs 109.98. Whereas diesel is Rs 94.14 per liter. Talking about Chennai, petrol is being sold at 101.40 per liter and diesel at 91.43 per liter.
Let us tell you that the Central Government on Wednesday (November 03) had cut excise duty on petrol by Rs 5 per liter and on diesel by Rs 10 per liter. After which the reduction in the VAT rate at the local level by most of the state governments has given relief from the record inflation in the prices of petrol and diesel.