Petrol, diesel prices today: Fuel rates kept stable on March 12 | Check city-wise rates here
India Today
There has been no revision in the petrol and diesel prices on March 12, Saturday. Check the city-wise petrol and diesel prices here.
Prices of petrol and diesel have remained steady in cities such as New Delhi, Kolkata, Mumbai, Chennai, and Bangalore.
There has been no change in domestic auto fuel prices in over four months despite global crude oil prices breaching the three-figure mark and touching multi-year highs.
Prices have been kept steady in the past but the current pause is the longest since a daily fuel price revision was adopted in June 2017.
The last rate cut was by Delhi when it reduced the local sales tax, or the value-added tax (VAT), on petrol from 30 to 19.4 per cent from December 1 midnight, bringing down the price by around Rs 8 to Rs 95.41 a litre. Diesel price remained unchanged in the national capital at Rs 86.67 a litre.
In Mumbai, petrol can be bought at Rs 109.98 per litre and diesel costs Rs 94.14 for one litre.
Meanwhile, petrol in Kolkata costs Rs 104.67 per litre while diesel costs Rs 101.56 a litre. The price of petrol in Chennai has remained steady today at Rs 101.40 per litre, while the price of diesel has remained unchanged at Rs 91.43 per litre.
Now, there are speculations that fuel prices may rise by Rs 12 to Rs 15 per litre in the next few days. There are chances that Oil Marketing Companies (OMCs) may increase prices soon.
