Petrol and diesel prices were kept steady today amid volatility in global oil rates and the recent hike in excise duty on the fuel. In Delhi, petrol retailed at ₹69.59 per litre, unchanged for fourth day in a row. In Kolkata, the retail selling price of petrol was ₹72.29 per litre, in Mumbai ₹75.30 and in Chennai ₹72.28.
In case of diesel, the fuel today retailed at ₹62.29 a litre in Delhi, also unchanged for fourth day in a row. In Kolkata, the retail selling price of diesel was ₹64.62, in Mumbai ₹65.21 per litre and in Chennai Rs 65.71 per litre.
Despite steep decline in global markets, petrol and diesel prices in India (Delhi) are down about ₹2.2 to ₹2.3 per litre. The central government last week hiked excise duty on petrol and diesel by a steep ₹3 per litre each.