Fuel prices are increases 9th times in the last 10 days. Fuel rates are increases in India every day, prices of fuel vary from state to state because VAT (Value added tax) is different from one state to other state. As per the information of fuel dealer price is hiked by 80 paise per litre in both diesel and petrol. In 10 days fuel price is revised by 9th times and price revision is closed on 22nd march 2022.
The increasement of fuel price in Delhi is now become petrol 101.81 per litre as per previous rate 101.01 per litre with increasement of 80 paise and diesel 93.07 per litre as per previous rate 92.27 per litre.
If we talk about Mumbai price of diesel and price is in retail is 100.94 per litre and petrol is 116.72 per litre, in comparison to other state and cities price of fuel is highest in Mumbai.
Petrol price in chennai is hiked or increased by 76 paise and now the retail price is 107.45 per litre. Diesel is 97.52 per litre.
Petrol price in Kolkata is hiked or increased by 83 paise and now the retail price is 111.35 per litre. Diesel is 96.22 per litre after increasement of 80 paise per litre.
Price increasement is different from state to state and city to city because of local taxation, commission of dealers who deals in fuels to retailers whatever is applicable. After applicable of tax and dealer commission price of fuels reaches high. Price of fuel is revised next morning 6:00 am when it is announced to revise. The refiners or the organization who provide us the fuel to the vehicle and for export import convenience fuel State-run like Hindustan Petroleum, Bharat Petroleum, Indian oil etc. are hiking the price daily basis to take care the international market fuel price and also the exchange rates of dollar and rupee. But if we talk about the rates personally it’s going high and not affordable for a middle class and lower class.