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 Fuel prices remain stable on Wednesday
Economy

Fuel prices remain stable on Wednesday

Agency News

New Delhi, Jun 19 : Fuel prices remained unchanged on Wednesday.
In Delhi, petrol was retailing at Rs 69.93 per litre and diesel stood at Rs 63.84.
In Mumbai, while petrol was valued at Rs 75.63 per litre, diesel retailed at Rs 66.93 a litre.
According to the Indian Oil Corporation, petrol was retailing at Rs 72.19 per litre in Kolkata, while diesel costs Rs 65.76 per litre.
Petrol in Chennai retailed at Rs 72.64 per litre and diesel Rs 67.52.
In Noida, petrol was available at Rs 69.94 per litre and diesel Rs 63.32.
While petrol in Gurugram was priced at Rs 70.46 a litre, diesel was being sold at Rs 63.42.
As per the pricing mechanism, domestic fuel prices depend on international ones on a 15-day average and the value of the rupee.
The price of the two fuels retailing at the petrol pumps is calculated after adding central excise duty, dealers commission and value-added tax (VAT) to the base price.
The prices are revised at 6am daily, when earlier they used to be revised every fortnight. (UNI)