Petrol Diesel price today 31-05-2023

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AUTO FUEL PRICES ON 31/05/2023 BY SRINIVAS CHOWDARY

India follows Dynamic Fuel Pricing system to control the cost of Petrol and Diesel. Auto Fuel prices are revised daily and the government has no control on pricing. The prices daily, whether changed or unchanged, are publicized everyday. The price vary from state-to-state due to Value Added Tax (VAT), local taxes etc. Following the daily price revision of auto fuels in India, MS and HSD prices remain unchanged for continuous 374th day in India. Petrol and Diesel prices in Delhi, Kolkata, Mumbai, Chennai and Hyderabad remain invariant. 

Crude oil is a unrefined oil from which petrol and diesel is refined. The prices of crude oil directly affect the prices of Petrol and Diesel in India. 

PETROL AND DIESEL PRICE IN INDIA

31/05/2023 PETROL PRICE DIESEL PRICE
LOCATION 30/05/2023 31/05/2023 CH+/- 30/05/2023 31/05/2023 CH +/-
Delhi 96.72 96.72 0 89.62 89.62 0
Kolkata 106.03 106.03 0 92.76 92.76 0
Mumbai 111.35 111.35 0 97.28 97.28 0
Chennai 102.63 102.63 0 94.24 94.24 0
Hyderabad 109.66 109.66 0 97.82 97.82 0


PETROL PRICE IN INDIA TODAY

Petrol price remained unchanged by the Oil Marketing Companies (OMCs) in India. Petrol in Delhi sells at Rs.96.72. In Kolkata, Petrol is costing Rs.106.03. In Mumbai, Petrol is being sold at Rs.111.35. In Chennai, Petrol is being charged at Rs.102.63. In Hyderbad, Petrol is available at Rs.109.66. 

DIESEL PRICE IN INDIA TODAY

Diesel price were untouched by the Oil Marketing Companies (OMCs) in India. Diesel price in Delhi is quoted Rs.89.62. In Kolkata, Diesel is priced at Rs.92.76. In Mumbai, Diesel is sold at Rs.97.28. In Chennai, Diesel is being purchased at Rs.94.24. In Hyderabad, Diesel is being sold at Rs.97.82.

Disclaimer: Views and opinions expressed here are personal. This commentary is  for  information purposes only and not an offer or a solicitation to sell or buy any physical commodities or financial instruments. The views and analysis are based on reliable public information available at the time of writing. This report and its content cannot be copied, redistributed or reproduced in part or whole without the prior written permission of petrobazaar.com

Disclaimer: Views and opinions expressed here are personal. This commentary is for information purposes only and not an offer or a solicitation to sell or buy any physical commodities or financial instruments. The views and analysis are based on reliable public information available at the time of writing. This report and its content cannot be copied, redistributed or reproduced in part or whole without the prior written permission of petrobazaar.com

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