Petrol and diesel prices on November 20: What are the rates in your city today? - Hindustan Times
close_game
close_game

Petrol and diesel prices on November 20: What are the rates in your city today?

Nov 20, 2023 08:39 AM IST

Fuel prices in major metropolitan cities have mostly remained constant this month, with a slight hike after the pan-India revision made to the rates in May.

The petrol and diesel prices across Delhi, Mumbai and other metropolitan cities remained unchanged on Monday, November 20, as major oil marketing companies like Bharat Petroleum, Hindustan Petroleum and Indian Oil decided to keep the rates stable.

The petrol and diesel prices in Delhi, Bengaluru and Mumbai remained unchanged on November 20, 2023. (Agencies File)
The petrol and diesel prices in Delhi, Bengaluru and Mumbai remained unchanged on November 20, 2023. (Agencies File)

Meanwhile, some cities such as Noida and Gurugram recorded a minor rise and fall in fuel prices. The petrol and diesel prices across India have remained stable with only minor changes since May 21, 2023, during the nationwide revisions made to the prices.

Unlock exclusive access to the story of India's general elections, only on the HT App. Download Now!

The petrol and diesel prices in Delhi were recorded at 96.72 and 89.62 respectively on November 20, while in Mumbai, the fuel rates were 106.31 for petrol and 94.27 for diesel. Other cities like Bengaluru, Chennai and Lucknow also saw no changes in the fuel rates on the first day of the week.

Petrol and diesel prices on November 20

CityPetrol (price/litre)Diesel (price/litre)
Delhi 96.72 89.62
Noida 96.64 89.82
Mumbai 106.31 94.27
Bengaluru 101.94 87.89
Chandigarh 96.20 84.26
Lucknow 96.57 89.76

Fuel prices mostly vary across the states due to the different value added tax (VAT) rates applied in different areas. Apart from this, freight charges and local charges also play a role in deciding the rates of petrol and diesel.

The fuel prices in India do not fall under the goods and services tax (GST), and national rates are decided by the crude oil price, exchange rates, logistics and other global factors. The central government maintains their control over the fuel prices through excise duty.

Petrol and diesel prices are revised everyday at 6 am, fixed by national oil companies relying on the price of crude oil and other global factors. Earlier, the fuel rates were revised every 15 days but since 2017, the rates have been revised daily.

Apart from the crude oil rates, the Centre also regulates the fuel prices in the country through the base prices and cap prices at which the oil companies make deals with each other.

Discover the complete story of India's general elections on our exclusive Elections Product! Access all the content absolutely free on the HT App. Download now!
Stay informed on Business News, TCS Q4 Results Live along with Gold Rates Today, India News and other related updates on Hindustan Times Website and APPs
SHARE THIS ARTICLE ON
Share this article
  • ABOUT THE AUTHOR
    author-default-90x90

    Follow the latest breaking news and developments from India and around the world with Hindustan Times' newsdesk. From politics and policies to the economy and the environment, from local issues to national events and global affairs, we've got you covered.

SHARE
Story Saved
Live Score
OPEN APP
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Tuesday, April 16, 2024
Start 14 Days Free Trial Subscribe Now
Follow Us On