Fuel prices rose 2 cents per litre on 24 September which is completely unwarranted in the AA’s view. In addition to that, investors have been doubtful about investments which has affected the Indian Rupee (INR) and it has taken a hit against the US Dollar (USD). In Delhi, the price of diesel is the same as 29 March 2020 and is at Rs.69.59 for a litre. Diesel price in Bangalore remained stable and closed the week at Rs.74.67 per litre. OMCs that are run by the state did not make any changes to the prices of diesel across the major cities in India on 28 August 2020. Under the dynamic pricing scheme, petrol and diesel prices are revised on a daily basis in sync with global crude oil prices. However, five petroleum products such as petrol, diesel, crude oil, natural gas and aviation turbine fuel (ATF) were exempted from attracting the GST. A litre of diesel cost Rs.65.94 in Bangalore following the decline in the rates. The overall performance of diesel in Bangalore was 0.03%, trending positive. In Bangalore, a litre of diesel was retailed for Rs.77.65 on 22nd July. According to the Union Petroleum Minister, the prices of diesel have been increased due to the low demand because of the coronavirus outbreak and its impact on the economy. From May 2014 to April 2018: Chart of petrol and diesel prices under Modi govt - Petrol and diesel prices continued to rise, hitting multi-year highs. This was the lowest recorded price of the fuel for the month till date. The changes in the domestic factors are also accounted for. Likewise, the cost of the fuel further enhanced to Rs.63.98 a litre during the week 2 due to a marginal upsurge in the crude oil price. The rates were on an upward curve over the week in the city. The percentage change recorded in the rates stood at -0.12%. According to the details available on the official website of Indian Oil, the prices of diesel in Mumbai, Chennai, Delhi, and Hyderabad are at Rs.80.11, Rs.78.86, Rs.73.56, and Rs.80.17 for a litre, respectively. There was no change in the rates when compared to the closing price of the previous week. Diesel price in Banga or stood at Rs.74.67 per litre on the 8th of November. Diesel prices increased in the next few days, closing the week at Rs.78.86 per litre. Diesel price in Bangalore stood at Rs.65.96 per litre on the 8th of April, 2 paise higher than its previous day’s closing price. The difference in price for petrol and diesel has shrunk in maximum cities while those with a subsidy on diesel fuel still have a considerable difference. The price of petrol opened at the rate of Rs.77.69 per litre in Bangalore for the first week of January 2020. Diesel was being sold at the rate of ₹ 72.97/litre in Delhi, ₹ 75.82/litre in Kolkata, ₹ 77.47/litre in Mumbai, and ₹ 77.15/litre in Chennai. Petrol prices for September 2018 The AA shared their forecasts for fuel earlier in the week . However, it did not result in the prices coming down as the cut was offset by an extra levy of Rs.8 per litre under Levy of Road and Infrastructure Cess. Diesel prices vary from state-to-state due to VAT. Prices fluctuated in the international market owing to coronavirus and its effect on the Chinese economy. Diesel price in Bangalore stood at Rs.74.76 per litre on the 1st of October. A litre of the fuel was retailed for Rs.68.66 on 11th June before breaching the Rs.70-mark on the final day of the week. This was the lowest recorded price of the fuel for the month till date. Diesel closed the month at Rs.68.54 per litre, its lowest recorded prices for the month of January. Following the revision, a litre of diesel was retailed for Rs.70.80 in Delhi, Rs.77.22 in Mumbai, Rs.76.27 in Chennai, and Rs.74.32 in Kolkata. An upward trend can be watched over the four weeks. The prices of diesel have not changed for 14 days in a row. Diesel prices have gradually increased during the second week and the highest diesel rate for the first two weeks stood at Rs.66.11 a litre on 14th. The price of the fuel witnessed an almost flat rate for the rest of the month. The excise duty levied by the Centre and the VAT charged by the respective State is much lower than levied on petrol, making the diesel price in Bangalore lower than petrol prices. Diesel Rate Trend in Bangalore in September 2018 . When compared to most cities and all the metros, diesel prices are the cheapest in Delhi because of lower taxes. Price of fuel includes excise duty, value added tax (VAT), and dealer commission. 9.16 Lakh. 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