Petrol, Diesel Prices Today: Petrol and diesel costs have been saved unchanged on Saturday, December 18. Earlier, the Delhi authorities had lowered value-added tax (VAT) on petrol from 30 per cent to 19.40 per cent. As a end result, petrol costs within the nationwide capital have been slashed by Rs 8.56 per litre. One litre of petrol now prices Rs 95.41 from Rs 103.97 earlier, nevertheless, diesel costs have been saved unchanged at Rs 86.67 in Delhi.
In Mumbai, petrol is retailed at Rs 109.98 per litre, whereas diesel is being offered at Rs 94.14 per litre. Among the metro cities, gasoline charges are nonetheless the best in Mumbai. The charges differ throughout the states attributable to VAT. (Also Read: How To Check Latest Petrol And Diesel Rates In Your City).
Here are the petrol and diesel worth throughout the metro cities:
State-run oil refiners resembling Indian Oil, Bharat Petroleum, and Hindustan Petroleum revise the gasoline charges every day, by making an allowance for the crude oil costs within the worldwide markets, and the rupee-dollar alternate charges. Any modifications in petrol and diesel costs are carried out with impact from 6 am each day.
Globally, oil costs fell on Friday and have been additionally down on the week as surging circumstances of the Omicron coronavirus variant raised fears that new restrictions could hit gasoline demand.
Brent crude futures settled down $1.50, or two per cent, at $73.52 a barrel, whereas U.S. West Texas Intermediate (WTI) crude dropped $1.52, or 2.1 per cent, to settle at $70.86 a barrel. Brent was down 2.6 per cent on the week and WTI fell 1.3 per cent.