INSUBCONTINENT EXCLUSIVE:
A litre of petrol now costs Rs 95.41 in Delhi; while diesel rates stood at Rs 86.67.Petrol, Diesel Prices Today: Petrol and diesel prices
were kept unchanged on Friday, December 10
Earlier, the Delhi government had reduced value-added tax (VAT) on petrol from 30 per cent to 19.40 per cent
The decision marked Rs 8.56 per litre reduction in petrol prices from December 2 in the national capital.A litre of petrol now costs Rs
95.41 in Delhi; while diesel rates -- which were kept unchanged -- stood at Rs 86.67. Fuel prices in other cities have remained unchanged
since November 4, when the Centre had reduced excise duty on petrol and diesel by Rs 5 and Rs 10 per litre respectively.In Mumbai, petrol is
currently retailed at Rs 109.98 per litre; while diesel is being sold at Rs 94.14 per litre
Among the metro cities, fuel rates are the highest in Mumbai
The rates vary across the states due to VAT.(Also Read: How To Check Latest Petrol And Diesel Rates In Your City). State-run oil refiners
such as Indian Oil, Bharat Petroleum, and Hindustan Petroleum revise the fuel rates on a daily basis, by taking into account the crude oil
prices in the international markets, and the rupee-dollar exchange rates
Any changes in petrol and diesel prices are implemented with effect from 6 am every day.Globally, oil prices edged lower on fears about
economic outlook due to the Omicron variant of the coronavirus
West Texas Intermediate (WTI) crude futures were down 0.18 per cent, at $70.81
Brent crude futures slipped 0.16 per cent to $74.30 a barrel.
