Petrol, Diesel Price Today: Fuel rates hiked again; check prices in your city

Petrol and diesel prices were raised again on Sunday, May 23, after a day's gap. While the petrol rate was hiked by 17 paise per litre, diesel price was increased by 27 paise a litre, according to a price notification by state-run oil marketing companies.

This is the twelfth time the fuel rates have been raised this month, pushing petrol and diesel prices to an all-time high across the country.

Diesel rate in Delhi crossed the Rs 84 mark while petrol price in Mumbai neared Rs 100 per litre following Sunday's rate hike.

Also Read: Elections over! Petrol, diesel prices shoot up again

Petrol price in Delhi increased to Rs 93.21 per litre against Rs 93.04 on Saturday, whereas the diesel rate rocketed to Rs 84.07 a litre, as compared to Rs 83.80 per litre on Saturday.

Fuel prices vary from state to state contingent on the incidence of VAT (value-added tax). Rates had already crossed the Rs 100-mark in several cities in Rajasthan, Madhya Pradesh and Maharashtra and with the latest increase, the price in Mumbai too was inching towards that level.

A litre of petrol in Mumbai now comes for Rs 99.49 and diesel is priced at Rs 91.30 per litre.

Fuel prices differ from state to state depending on the incidence of local taxes such as VAT and freight charges. Rajasthan levies the highest value-added tax (VAT) on petrol in the country, followed by Madhya Pradesh and Maharashtra.

Also Read: Fuel rates hiked for 13th time in May; petrol touches Rs 104.01 per litre in Rajasthan's Ganganagar

Oil companies revise rates of petrol and diesel daily based on average price of benchmark fuel in the international market in the preceding 15-days, and foreign exchange rates.

This is the 12th increase in prices since May 4, when state-owned oil firms ended an 18-day hiatus in rate revision they observed during assembly elections in states like West Bengal.

Sri Ganganagar district of Rajasthan had the costliest petrol and diesel in the country at Rs 104.18 per litre and Rs 96.91 a litre, respectively.

In 12 increases, petrol price has risen by Rs 2.81 per litre and diesel by Rs 3.34

Check out the latest Petrol and diesel prices (per litre) in your city: -

City                                Petrol price       Diesel price

Delhi                         Rs 93.21             Rs 84.07

Mumbai                      Rs 99.49            Rs 91.30

Chennai                      Rs 94.86           Rs 88.87

Kolkata                       Rs 93.27           Rs 86.91

Bengaluru                    Rs 96.31          Rs 89.12

Chandigarh                  Rs 89.66          Rs 83.73

Hyderabad                   Rs 96.88          Rs 91.65

Jaipur                         Rs 99.68          Rs 92.78

Patna                         Rs 96.19          Rs 90.07

Thiruvananthapuram     Rs 95.19          Rs 90.36