A liter of petrol currently costs Rs 95.41 in Delhi; while the price of diesel stood at Rs 86.67.
Petrol and diesel prices today: Petrol and diesel prices were unchanged on Friday, December 3. On Wednesday, the Delhi government reduced the value added tax (VAT) on gasoline from 30% to 19.40%. The decision marks a reduction of Rs 8.56 per liter in petrol prices from Thursday in the national capital. A liter of petrol now costs Rs 95.41 from Rs 103.97 previously.
However, diesel price was unchanged at Rs 86.67 in Delhi.
In Mumbai, petrol retails for 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, rising oil prices extended gains after OPEC+ said it would consider adding supply ahead of its next scheduled meeting if the Omicron variant meets demand, but prices remain on the downside. in the sixth week. U.S. West Texas Intermediate (WTI) crude oil futures rose 27 cents, or 0.4%, to $66.77 a barrel, adding to a 1.4% gain on Thursday. Brent crude oil futures rose 12 cents, or 0.2%, to $69.79 a barrel, after gaining 1.2% in the previous session.
