AGARTALA, July 6 (TIWN): Along with the national price hikes in fuel, Petrol prices in Agartala have been turning more volatile, as prices of crude oil have been showing a firm trend. Today’s petrol price in Agartala Rs. 80.62 (6th July 2020). Petrol and diesel prices are revised daily. The rupee has also moved lower against the dollar, which has made petrol prices in Agartala more expensive than before. It is hoped that the government can reduce excise duties, so as to enable rates to become more cheaper in the coming days. Today’s diesel rates in Agartala are very sensitive to global crude prices Rs. 75.35.The gap between retail prices in Delhi and international crude price reached an all-time high in March 2020; this still continues to be significantly higher than pre-pandemic levels.

This is because of an increase in taxes on petrol and diesel. Between April 1 and July 1, the share of central and state taxes in petrol and diesel prices in Delhi increased from 45% to 63% for diesel and 54% to 64% for petrol. Central taxes per litre are almost twice state taxes. And while fuel prices vary across states, the trend across India is pretty much the same.

 Petrol and diesel prices have gone up by Rs 9.17 and 11.14 per litre respectively between June 6 and July 3 in Delhi.