Fuel prices in Bengaluru remained unchanged on Friday after the Government of India cut the special additional excise duties (SAED) on petrol and diesel.
The decision is aimed at helping oil marketing companies (OMCs) manage losses amid ongoing tensions in West Asia, where the near closure of the Strait of Hormuz has led to volatility in global oil markets.
As of today, March 27, petrol in the Bengaluru is priced at ₹102.96 per litre, while diesel costs ₹90.99 per litre.
Petrol prices in Bengaluru have shown remarkable stability over the past week, holding steady at ₹102.96 per litre from March 21 through March 26.
The finance ministry reduced the special excise duty on petrol to ₹3 per litre from ₹13 earlier and cut the duty on diesel to zero from ₹10.
