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Fuel prices on August 1: Diesel, petrol remain stable; check rates here

Petrol, Diesel rates on Saturday remained stable in all metros, including at the country's capital, New Delhi and other cities including Mumbai, Kolkata, and Chennai.

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Motorists can heave a sigh of relief on Saturday regarding the rate of petrol and diesel (fuel prices today) as the fuel rates today remained stable in all metros, including at the country's capital, New Delhi and other cities including Mumbai, Kolkata, and Chennai.

Across the metros, petrol and diesel prices are keeping steady for the past five days as pump prices of auto fuels have not been changed.

On Friday, diesel prices fell by a sharp Rs 8.38 a litre following Delhi government's decision to reduce VAT on the product from 30 per cent to 16.75 per cent.

The price cut made diesel cheaper than petrol in the city after more than a month. In fact, diesel is cheaper than petrol in Delhi by the widest margin among all metros now.

Delhi was the only major city in the country where diesel prices were higher than petrol. Diesel prices first rose above petrol`s in Delhi last month, much to the discomfort of the transport sector and the fuel dealers.

Check today's rates -

Check fuel prices in Mumbai and Delhi on August 1 (Saturday)

According to the Indian Oil Corporation Limited (IOCL)'s website, petrol is priced at Rs 80.43 per litre in Delhi while diesel price has remained unchanged at Rs 73.56 per litre. Petrol price in Mumbai is Rs 87.19 per litre and diesel costs Rs 80.11 per litre.

Check fuel prices in Kolkata and Chennai on August 1 (Saturday)

In Kolkata, petrol is selling at Rs 82.05 per litre, while diesel is at Rs 77.06 per litre. In Chennai, petrol is priced at Rs 83.63 per litre, while diesel is priced at Rs 78.86 per litre.

Check fuel prices in Noida and Gurgaon on August 1 (Saturday)

In Noida, petrol is selling at Rs 81.12 per litre, while diesel is Rs 73.85 per litre. In Gurgaon, petrol is priced at Rs 78.69 per litre, while diesel is Rs 74.03 per litre.

Check fuel prices in Lucknow, Patna, and Jaipur on August 1 (Saturday)

In Lucknow, petrol is selling at Rs 81.04 per litre, while diesel is Rs 73.77 per litre. In Patna, petrol is priced at Rs 83.41 per litre, while diesel costs Rs 78.82 per litre. In Jaipur, petrol is selling at Rs 87.60 per litre, while diesel is at Rs 82.62 per litre.

Commodity experts say that there has been a halt in the increase of petrol and diesel prices, due to cheaper international crude oil rates. Crude oil prices may fall further in the coming days. Because of the fear of coronavirus, the demand for international crude oil is declining again. That's why there is a possibility of a further drop in prices.

Fuel rates for the day announced at 6 AM

Let us inform you that petrol and diesel prices if changed, are done so every day at 6 AM. The new rates come into effect from 6 AM onwards. The price of petrol and diesel almost doubles after adding excise duty, dealer commission and other items.

How to check petrol, diesel prices in your city

You can also know the daily rate of petrol and diesel in your city via SMS. Indian Oil customers can text 'RSP' at 9224992249 and BPCL consumers can write 'RSP' and send the message to 9223112222. HPCL consumers can find out the price by typing 'HPPrice' and sending the SMS to 9222201122.

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