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As per the latest price notification by the OMCs, one litre of petrol in Delhi costs Rs 95.41, whereas a litre of diesel costs Rs 86.67 Petrol and diesel prices remained consistent across the country on January 17, 2022. The state-owned oil marketing companies (OMCs) have kept the prices of both key fuels stable since November 3, 2021. The fuel rates have remained consistent after the Union government announced the excise duty cut on petrol and diesel by Rs 5 and Rs 10, respectively. Prior to the November revision, fuel rates had touched all-time record high across the country and motorists had to shell out more than Rs 100 for a litre for petrol in most cities across India. As per the latest price notification by the OMCs, one litre of petrol in the national capital costs Rs 95.41, whereas a litre of diesel costs Rs 86.67. Similarly, in Mumbai, too, the prices remained static, as a litre of petrol costs Rs 109.98, whereas one litre of diesel is being sold at Rs 94.14. In the capital o...

Petrol, Diesel Price: Petrol Price Today Below Rs 100 in Delhi; See Fuel Rates Petrol and diesel prices remained unchanged across metro cities for over a month on Tuesday, December 28. Earlier, the Delhi government had decided to reduce the Value-Added Tax (VAT) on petrol from 30 per cent to 19.40 per cent per litre. The revision saw petrol prices in the national capital come down by Rs 8.56 per litre. At present, a litre of the precious fuel costs Rs 95.41 in Delhi, while diesel rates which were also kept unchanged stood at Rs 86.67 per litre, according to the new rate list by state-owned oil marketing companies (OMCs). In Mumbai, petrol can be bought at Rs 109.98 per litre, while diesel can be purchased at Rs 94.41 per litre. Notably, among the metro cities, fuel rates are still the highest in the country’s financial capital. In Kolkata, petrol and diesel prices remained static at Rs 104.67 per litre and Rs 89.79 per litre, respectively. Similarly, both conventional fuels remained un...

Petrol, Diesel Price Today: Latest Fuel Prices Announced. Know How much you have to Pay Diesel price also saw a sharp decline after excise duty and VAT cut. In Delhi, diesel was being sold at Rs 86.67 per litre. A litre of diesel would cost you Rs 94.14 in Mumbai. A litre of diesel was priced at Rs 91.43 per litre in Chennai on December 14. Diesel was available at Rs 101.56 a litre in Kolkata. Globally, oil prices rose on Tuesday but price gains were capped. The renewed restrictions imposed in Europe and Asia amid a rise in coronavirus cases, kept investors under pressure. Governments around the world, including most recently Britain and Norway, were tightening restrictions to stop the spread of the Omicron variant. Meanwhile, the OPEC raised its world oil demand forecast for the first quarter of 2022 but left its full-year growth prediction steady, saying the Omicron variant would have a mild impact as the world gets used to dealing with the Covid-19 pandemic. Brent crude oil futures ...

Petrol, Diesel Price Today: Petrol Price Below Rs 100 in Many Cities – See Fuel Rates Petrol, Diesel Price Today: Petrol price on Saturday, December 11, remained static across the country while diesel price today also remained unchanged in India. The fuel rates have been constant for almost one and a half months now, after a reduction in the excise duty of petrol and diesel. The central government had in the beginning of last month announced that it will slash taxes on petrol and diesel, amid a time when their prices were skyrocketing to new highs everyday. Following this, petrol price in India was reduced by Rs 5 per litre, while diesel price was lowered by Rs 10 per litre. After the Centre’s excise duty cut on fuel prices, many states — including three Opposition-ruled — came in to slash the Value Added Tax (VAT) on petrol and diesel. Delhi was the latest state to reduce the VAT on petrol and diesel. The two back-to-back price cuts on the auto fuels further reduced their prices, whic...

Petrol, Diesel Price on December 9, 2021: A litre of petrol would cost Rs 95.41 a litre, after Delhi government had reduced VAT. In Mumbai, petrol was available at Rs 109.98 per litre on Thursday Petrol and diesel prices in India remained constant for over a month on December 9, except for the national capital. The Delhi government had recently announced to reduce the Value-Added Tax (VAT) on petrol. After the much-awaited tax cut, petrol in Delhi became cheaper by Rs 8 per litre, providing a relief to aam aadmi. The central government had decided to cut excise duty on fuel last month to bring down sky-rocketing prices. The Centre had reduced excise duty on petrol and diesel by Rs 5 and Rs 10, respective on November 3. Following this, several states, mostly ruled by National Democratic Alliance (NDA) and allies, had also announced reduction of VAT on auto fuel, resulting in a sharp decrease in petrol and diesel prices across the country. Opposition-ruled Punjab and Rajasthan also cut V...

It is expected that the production of crude oil will be increased by 20 lakh barrels a day soon. Petrol and diesel prices are skyrocketing in the country. Although there has been a fall in the prices of oil in the last few days, still these prices are troubling the common man. At present, there is a steady decline in the prices of crude oil in the international market and soon its effect can be seen on India as well which means that petrol and diesel prices in India may come down further. At present crude oil (Brent crude) has come down to $80. It was below $80 at the beginning of October, after which it saw a boom and reached close to $86 at the end of October. Petrol and diesel prices may come down due to a reduction in crude oil prices. According to a news agency Reuters, OPEC Plus countries have talked about increasing crude oil production in the coming weeks. It is expected that in the coming days, production will be increased by 20 lakh barrels a day. With this, the price of crud...

The Petrol prices in Jammu And Kashmir are based on dynamic fuel pricing system and hence revised on a regular basis. The petrol rates are revised at 6 am every day. This dynamic pricing ensures that even a minute’s variation in global oil prices can be transmitted to fuel users and dealers. The final petrol rate is decided by adding payment to the refineries, excise duty, dealer commission and Value-Added Tax or VAT. After adding these, the retail selling price of petrol gets nearly doubled. Several factors determine the price of petrol – like rupee to US dollar exchange rate, cost of crude oil, global cues, demand for fuel, among others. When international crude oil prices gain, fuel price in India moves higher. Check District-Wise Petrol And Diesel Price In Jammu And Kashmir

The price of petrol was raised by 35 paise in Delhi, reaching Rs 106.19, while diesel has been hiked by 35 paise as well, reaching Rs 94.92. The petrol and diesel prices saw fresh highs on October 20 (Wednesday) after seeing a 35 paise to 57 paise rise. The price of petrol was raised by 35 paise in Delhi, reaching Rs 106.19, while the price of diesel has been hiked by 35 paise as well, reaching Rs 94.92. In Mumbai, the petrol and diesel prices have been increased by 34 paise and 37 paise consecutively. The petrol price stands at Rs 112.11 while the diesel price stands at Rs 102.89. Check the city-wise prices of petrol and diesel below. Petrol Delhi- Rs 106.19Mumbai- Rs 112.11Kolkata- Rs 106.78Chennai- Rs 103.31 Diesel Delhi- Rs 94.92Mumbai- Rs 102.89Kolkata- Rs 98.03Chennai- Rs 99.26 The petrol prices in most of the states across India have already crossed the Rs 100 mark, while the diesel prices in most states remain just below Rs 100. The states where the diesel prices have crossed t...