In Delhi, a liter of petrol costs Rs 95.41, while diesel costs Rs 86.67 per litre.
Petrol, Diesel Prices Today: Fuel prices in metro cities remained unchanged as on Friday, January 21, 2022. Last month, the Delhi government reduced the value-added tax on petrol from 30 per cent to 19.40 per cent. With this, petrol prices in the national capital were reduced by Rs 8.56 per litre.
In Delhi, a liter of petrol costs Rs 95.41, while diesel costs Rs 86.67 per litre. Petrol in Mumbai is being sold at Rs 109.98 per liter, while diesel is being sold at Rs 94.14 per litre. Among metro cities, fuel rates are still the highest in Mumbai. Fuel prices vary from state to state due to Value Added Tax or VAT. ,as well Reading: How to check latest petrol and diesel rates in your city,
Petrol and diesel prices in metro cities are as follows:
State-run oil refiners like Indian Oil, Bharat Petroleum and Hindustan Petroleum revise fuel rates on a daily basis, taking into account crude oil prices and rupee-dollar exchange rates in international markets. Any change in the prices of petrol and diesel is effective from 6 am every day.
Globally, oil prices fell this week after hitting a seven-year high, as a rise in US crude and fuel reserves prompted investors to take advantage of the rally. Brent crude futures fell $2.46, or 2.8 percent, to $85.92 a barrel. The contract previously fell as much as 3 percent, the most since December 20. The global benchmark touched $89.50 a barrel on Thursday, the highest level since October 2014. US West Texas Intermediate (WTI) crude futures fell $2.61, or 3.1 percent. , $82.94 per barrel. The contract earlier fell by 3.2 percent, the highest since December 20, after hitting its highest level since October 2014 on Wednesday.
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