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Fuel prices on March 3: Petrol, diesel prices today in Mumbai, Delhi and other cities

State-owned oil companies made no modifications in the country's four metros, while prices in several other cities changed.

March 03, 2022 / 07:56 AM IST
There has been a price reshuffle in cities like Noida, Gurugram, Jaipur, Lucknow and Patna. (Representative image)

There has been a price reshuffle in cities like Noida, Gurugram, Jaipur, Lucknow and Patna. (Representative image)

Petrol and diesel prices remained unchanged in the four metros of the country for more than 100 days on March 3, but prices changed in a few other cities.

Fears of supply disruption from Russia, the world's third-largest oil producer, due to the country's ongoing offensive against Ukraine, pushed Brent crude oil over $113 on March 2.

WTI, or West Texas Intermediate, in the United States, rose $5 (Rs 378.23), or 5.06 percent, to $108.64 (Rs 8,218.13) a barrel.

Both oil benchmarks have reached seven-year highs.


On November 3, the government went for the deepest excise duty cut ever to cool retail prices from record highs, reducing the duty on petrol by Rs 5 and on diesel by Rs 10. Many states and Union Territories followed the Centre's lead to provide relief to consumers.

 There has been a price reshuffle in cities like Noida, Gurugram, Jaipur, Lucknow and Patna, News18 reported.


Gurugram petrol Rs 95.81 and diesel Rs 87.02 per litre; Noida petrol Rs 95.56 and diesel Rs 87.06 per litre; Jaipur petrol Rs 106.64 and diesel Rs 90.32 per litre; Lucknow petrol Rs 95.28 and diesel Rs 86.80 per litre; Patna petrol Rs 106.59 and diesel Rs 91.73 per litre.


In Mumbai, a cut on November 4 reduced the price of petrol to Rs 109.98 a litre, which remains unchanged. Diesel is at Rs 94.14 a litre.

Petrol & Diesel Rates Mar 31, 2023

Friday, 31st March, 2023

Petrol Rate in Mumbai Mar 31, 2023

  • Current Petrol Price Per Litre
    106

Friday, 31st March, 2023

Diesel Rate in Mumbai Mar 31, 2023

  • Current Petrol Price Per Litre
    94
Show

The last rate cut was in Delhi when it reduced the local sales tax, or the value-added tax (VAT), on petrol from 30 to 19.4 percent from December 1 midnight, bringing down the price by around Rs 8 to Rs 95.41 per litre. Petrol in Delhi costs Rs 95.41 while diesel costs Rs 86.67 per litre.





In Kolkata, petrol and diesel prices remained at Rs 104.67 and Rs 89.79. Petrol sold at Rs 101.40 and diesel at Rs 91.43 in Chennai.

Nagaland decreased the tax on petrol from 29.80 to 25 percent per litre, resulting in a saving of Rs 2.22 for end customers.

Diesel tax rates were also reduced from Rs 11.08 to Rs 10.51 per litre. Other states such as West Bengal, Rajasthan, Assam, and Meghalaya had also slashed their petrol and diesel rates.


Moneycontrol News
first published: Mar 3, 2022 07:56 am