Petrol and Diesel Cost: Fuel rates were consistent throughout city cities todayPetrol, Diesel Rates Today: Petrol and diesel costs have actually remained stable for around 34 days in a row throughout the metro cities on Wednesday, January 5, 2022.
Last month, the Delhi federal government had actually lowered the value-added tax on gas from 30 per cent to 19.40 per cent.
With this, fuel costs in the nationwide capital were slashed by Rs 8.56 per litre.A litre of fuel expenses Rs 95.41 in Delhi, while diesel rates stand at Rs 86.67 per litre.
In Mumbai, petrol is retailed at Rs 109.98 per litre, while diesel is being cost Rs 94.14 per litre.
Amongst the metro cities, fuel rates are still the highest in Mumbai.
Fuel prices differ throughout the states due to value-added tax or VAT.
(Also Read: How To Check Latest Fuel And Diesel Rates In Your City).
State-run oil refiners such as Indian Oil, Bharat Petroleum, and Hindustan Petroleum revise the fuel rates every day, by taking into consideration the petroleum rates in the international markets, and the rupee-dollar exchange rates.
Any modifications in petrol and diesel prices are carried out with impact from 6 am every day.Globally, oil prices fell on Wednesday as increasing fuel stockpiles in the United States raised issues of decreasing need in the world's biggest oil consumer in the middle of a massive spike in COVID-19 cases caused by the Omicron variant.Brent crude futures fell 28 cents, or 0.4 per cent, to $79.72 a barrel after hitting a high of $80.26, while United States West Texas Intermediate (WTI) unrefined futures fell 29 cents, or 0.4 per cent, to $76.70 a barrel.