Petrol and diesel prices remain unchanged in Mumbai, Delhi and other major cities amid coronavirus outbreak
Photo Credit: ANI

Petrol and diesel prices remain unchanged on Wednesday despite a fall in crude oil prices in the international market amid coronavirus outbreak.

According to the official website of Indian Oil Corporation, on Tuesday, petrol now costs Rs 71.26 per litre in Delhi, Rs 76.31 per litre in Mumbai. Similarly, diesel costs Rs 69.59 a litre in Delhi, Rs 66.21 a litre in Mumbai. In Kolkata, a litre of petrol will cost Rs 73.30 per litre whereas diesel is now priced at Rs 65.62 per litre. In Chennai, a litre of petrol will cost Rs 72.28 per litre whereas diesel is now priced at Rs 65.71 per litre.

Petrol price in the national capital was hiked by Rs 1.67 a litre on May 5 and diesel by a steep Rs 7.10 per litre after the Delhi government raised local sales tax or value-added tax (VAT) on the two fuels. On the other hand, the Assam government on April 22 has increased the Value Added Tax (VAT) on diesel, petrol, and other motor spirits.

Crude oil prices on Tuesday rose Rs 36 to Rs 1,881 per barrel as participants widened their positions on firm global cues. On the Multi Commodity Exchange, crude oil for delivery in May traded higher by Rs 36, or 1.95 per cent, to Rs 1,881 per barrel in 6,982 lots.

Crude oil for June delivery was up by Rs 20, or 1.02 per cent, at Rs 1,979 per barrel with an open interest of 1,396 lots. Globally, West Texas Intermediate crude oil was trading up by 2.40 per cent at USD 24.72 per barrel and Brent crude rose 0.74 per cent to USD 29.85 per barrel.

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