Fuel Rates in India on January 23, 2020: Petrol Price Remains Stable at Rs 80.42/Litre in Mumbai, Rs 74.82/Litre in Delhi; Check Petrol And Diesel Prices in Metro Cities
Petrol Price In India | Representational Image | (Photo Credits: PTI)

New Delhi, January 23: Fuel prices remained unchanged across all major cities on Thursday. The price of petrol and diesel in Mumbai, Delhi, Chennai and Kolkata remained stable on January 23 as it was on Wednesday with petrol being sold at Rs 80.42 per litre in Mumbai and Rs 74.82 per litre in Delhi. According to the official website of Indian Oil Corporation (IOC), the retail price of petrol in Chennai on Thursday was Rs 77.72 per litre while that in Kolkata was Rs 77.42 per litre, bringing relief to the consumers. Meanwhile, diesel was priced at Rs 72.29 per litre in Mumbai, Rs 68.94 per litre in Delhi, Rs 71.31 per litre in Kolkata and Rs 72.85 per litre in Chennai. 

In the last 12 days petrol became cheaper by Rs 1.14 and diesel by over Rs 2. According to reports, taking into consideration the rise in the price of crude oil in the international market, there is no hope of getting relief on the fuel prices in the coming days. Since the last week, the fuel prices have dropped across all major cities. The price of petrol was cut by nearly 10-12 paise and that of diesel by 19-20 paise. Fuel Price Hike: Twitterati Voice Displeasure as Petrol Prices Hover Around Rs 75 Per Litre.

Check Petrol & Diesel Price in Metro Cities on January 23, 2020:

Metro Cities Petrol Price/ Ltr Diesel Price/ Ltr
Mumbai Rs 80.42 Rs 71.35
Delhi Rs 74.82 Rs 68.05
Chennai Rs 77.72 Rs 71.90
Kolkata Rs 77.42 Rs 70.41

The developing US-Iran geopolitical tensions had a major impact on the oil prices along with rupee to US dollar exchange rate, cost of crude oil, global cues and international crude oil prices gain. Every day, the price of petrol and diesel are reviewed by oil marketing companies. Since June 2017, fuel prices in India are revised daily at 06:00 am every day. Before this prices were revised every fortnight.