Petrol, and Diesel prices in Chennai, Kolkata, Bengaluru, Lucknow, Noida, and Gurugram on May 31, 2023
Petrol, and Diesel Prices on May 31: Fuel prices in India largely remained unchanged on May 31. The petrol and diesel rates for each day, whether new or unchanged, are announced at 6 am on the day. These, however, vary from state to state due to value-added tax (VAT), freight charges, local taxes, etc.
Petrol has become costlier by 80 paise and diesel by 77 paise in Maharashtra. In Uttar Pradesh, there has been an increase of 41 paise in petrol and 40 paise in diesel. Apart from this, prices have also increased in some other states including Rajasthan, Jharkhand and Jammu and Kashmir. On the other hand, petrol has become cheaper by 41 paise and diesel by 42 paise in Gujarat. In Madhya Pradesh, there is a drop of 32 paise in petrol and 30 paise in diesel. Talking about metros, there has been a slight drop in the rate of petrol and diesel in Chennai.
At present, petrol in Delhi is being sold at Rs 96.72 a litre while diesel is being sold at Rs 89.62 a litre. Whereas in Mumbai, petrol is available at Rs 106.31 and diesel at Rs 94.27 per litre. While petrol in Kolkata is Rs 106.03 and diesel is Rs 92.76 per litre. On the other hand, petrol is being sold at Rs 102.63 and diesel at Rs 94.24 per litre in Chennai.
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In India, oil marketing companies (OMCs) such as Indian Oil, Bharat Petroleum and Hindustan Petroleum determine petrol and diesel prices. This is done on a daily basis, and rates are determined in accordance with the price of crude oil throughout the world.
Why do fuel prices vary across states?
The rates for each day, whether new or unchanged, are announced at 6 am on the day. These, however, vary from state to state; this is due to criteria such as Value Added Tax (VAT), freight charges, local taxes, etc.
Petrol, and Diesel prices in Chennai, Kolkata, Bengaluru, Lucknow, Noida, and Gurugram on May 31, 2023
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| 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 96.47 | Rs 89.56 |
| Mumbai | Rs 106.31 | Rs 94.27 |
| New Delhi | Rs 96.72 | Rs 89.62 |
| Noida | Rs 96.53 | Rs 89.71 |
How to Check Petrol, and Diesel Prices City-Wise?
You can also know the daily rate of petrol and diesel through SMS. Indian Oil customers can get information by sending RSP and their city code to 9224992249 and BPCL customers can get information by sending an SMS to 9223112222 by typing RSP and their city code. Whereas, HPCL consumers can know the price by sending HPPrice and their city code to 9222201122.
Crude Oil Price Today
Oil prices edged up on Wednesday after steep losses in the prior session, as market participants awaited an expected vote on a bipartisan deal to lift the $31.4 trillion U.S. debt ceiling.
