A liter of petrol currently costs Rs 95.41 in Delhi and diesel is sold at Rs 86.67.
Petrol and diesel prices today: Petrol and diesel prices were unchanged on Monday, December 6. Last week, the Delhi government reduced the value added tax (VAT) on gasoline from 30% to 19.40%. This decision marks a reduction in petrol prices of Rs 8.56 per liter from December 2 in the national capital.
A liter of petrol currently costs Rs 95.41 in Delhi; while the price of diesel – unchanged – stood at Rs 86.67. Fuel prices in other cities have also remained unchanged since Nov. 4, when the Center reduced the excise tax on petrol and diesel to Rs 5 and 10 per liter respectively.
In Mumbai, petrol currently retails at Rs 109.98 per liter; while diesel is being sold for Rs 94.14 per liter. Among metro cities, fuel prices are highest in Mumbai. Rates vary from state to state due to VAT.
(Also Read: How to check the latest gas and diesel rates in your city).
Here are gas and diesel prices in major cities:
State-run refiners such as Indian Oil, Bharat Petroleum and Hindustan Petroleum will adjust fuel prices on a daily basis, taking into account international crude oil prices and the US dollar exchange rate. Any changes in petrol and diesel prices will be made from 6:00 a.m. daily.
Globally, oil prices rose more than $1 a barrel after top exporter Saudi Arabia raised the price of crude it sells to Asia and the United States, and as indirect US-Iran talks about restoring a The nuclear deal appears to be at an impasse. Brent oil price for February delivery increased by 1.69 USD, or 2.4%, to 71.57 USD per barrel; while US West Texas Intermediate crude for January delivery was at $67.92 a barrel, up $1.66, or 2.5%.
