Petrol and Diesel Prices Today: In the national capital, petrol is being sold for ₹ 95.41 per litre, while diesel rates stood at ₹ 86.67 per litre
Petrol, Diesel Prices Today: Petrol and diesel prices remained unchanged across metro cities on Wednesday, December 29, 2021. Earlier, the Delhi government had reduced the value-added tax on petrol from 30 per cent to 19.40 per cent. As a result, petrol prices in the national capital were slashed by ₹ 8.56 per litre. A litre of petrol now costs ₹ 95.41 in Delhi, while diesel rates — which were kept unchanged — stood at ₹ 86.67 per litre.
In Mumbai, petrol is retailed at ₹ 109.98 per litre, while diesel is being sold at ₹ 94.14 per litre. Among the metro cities, fuel rates are still the highest in the financial capital.
Here are the petrol and diesel price across the metro cities:
| City | Petrol | Diesel |
|---|---|---|
| Delhi | 95.41 | 86.67 |
| Mumbai | 109.98 | 94.14 |
| Chennai | 101.40 | 91.43 |
| Kolkata | 104.67 | 89.79 |
| Source: Indian Oil |
State-run oil refiners such as Indian Oil, Bharat Petroleum, and Hindustan Petroleum revise the fuel rates on a daily basis, by taking into account the crude oil prices in the international markets, and the rupee-dollar exchange rates. Any changes in petrol and diesel prices are implemented with effect from 6 am every day.
Globally, oil prices edged higher on Wednesday after rallying overnight as industry data showed a decline in U.S. inventories, boosting demand sentiment.
Brent crude rose 16 cents, or 0.2 per cent, at $79.10 a barrel. U.S. West Texas Intermediate (WTI) crude climbed 5 cents, or 0.07 per cent, to $76.03 a barrel.
