Fuel prices on November 29: Oil prices have dropped to a 10-month low, escalating hopes of a possible reduction in fuel prices. Benchmark Brent crude fell to its lowest since January on Monday, with prices dropping $2.6/barrel, over 3 per cent, to $80.97. The current petrol and diesel prices in India reflect oil at about $85/barrel.
State-run oil marketing companies announce fuel price revision, if any, at 6 am daily, however, they announced no change in the retail prices of petrol and diesel on Tuesday, November 29.
Oil Minister Hardeep Singh Puri had earlier this month said that OMCs are still making a loss of net Rs 4 per litre on diesel while their margins have turned positive on petrol. The petrol, diesel price freeze since May has lead to a second consecutive quarterly loss for OMCs totalling Rs 2,748.66 crore in July-September.
The Center reduced the excise duty on gasoline by Rs 8 per litre and on diesel by Rs 6 per litre in May of this year, which resulted in the last big decrease in fuel prices. In India, the price of gasoline and diesel is updated every midnight based on the global situation. Delhi’s current per-liter prices are Rs 96.72 for gasoline and Rs 89.62 for diesel.
Fuel prices on November 29: Here is the price of petrol, and diesel today in your city:
- Chennai: Petrol- Rs 102.63 per litre, Diesel- Rs 94.24 per litre
- Noida: Petrol- Rs 96.79 per litre, Diesel- Rs 90.08 per litre
- Chandigarh: Petrol- Rs 96.20 per litre, Diesel- Rs 84.26 per litre
- Faridabad: Petrol- Rs 97.49 per litre, Diesel- Rs 90.35 per litre
- Bhopal: Petrol- Rs 108.65 per litre, Diesel- Rs 93.90 per litre
- Kolkata: Petrol- Rs 106.03 per litre, Diesel- Rs 94.10 per litre
- Mumbai: Petrol- Rs 106.31 per litre, Diesel- Rs 94.27 per litre
- Gurugram: Petrol- Rs 97.18 per litre, Diesel- Rs 90.05 per litre
How to check petrol, diesel price in your city by sending an SMS?
You can check fuel rates in your city by sending an SMS. Customers of Indian Oil can text RSP to the number 9224992249, while those of Hindustan Petroleum must text HPPRICE to the number 9222201122. Customers of Bharat Petroleum must send an SMS to the number 9223112222 by typing RSP.