Diesel, Petrol prices remain unchanged after Diwali; check latest rates

The diesel prices had seen the first reduction since mid-March in September.

Representational Image (Reuters)

New Delhi: The petrol and diesel prices remained unchanged on Sunday (November 15, 2020) as the country celebrated Diwali on Saturday. This is reportedly the 44th day without a change in the rates.

The state-run oil marketing companies held the fuel prices steady despite the recent increase in crude oil prices.

Here is a look at the price difference of diesel and petrol in four metro cities on November 15.

CITY	PETROL	DIESEL
Delhi	Rs 81.06/l	Rs 70.46/l
Mumbai	Rs 87.74/l	Rs 76.86/l
Kolkata	Rs 82.59/l	Rs 73.99/l
Chennai	Rs 84.14/l	Rs 75.95/l

The rates differ from state to state depending on the incidence of VAT as the taxes make up for nearly two-thirds of the retail selling price. 

Earlier in September, the diesel prices saw the first reduction since mid-March when Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL) froze rates for 82 days to adjust a record hike in excise duty on auto fuels against falling benchmark cost.