INSUBCONTINENT EXCLUSIVE:
Fuel prices remained unchanged for 79th day in a row across citiesPetrol, Diesel Prices Today: Fuel prices remained unchanged across metro
cities on Sunday, January 23, 2022, for the 79th day in a row.This is the second-longest pause in prices since the introduction of daily
rate revision in June 2017
The longest halt in fuel prices was that of 82 days between March 17 and June 6, 2020, when the country was under a national lockdown.Last
month, the Delhi government had 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 slashed by Rs 8.56 per litre.A litre of petrol costs Rs 95.41 in Delhi, while diesel
rates stand at Rs 86.67 per litre
In Mumbai, petrol is 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 still the highest in Mumbai
Fuel prices vary across the states due to value-added tax or 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 plunged after rising to
seven-year highs last week, as an increase in US crude and fuel stockpiles prompted investors to take profits from the rally
Brent crude futures dropped $2.46, or 2.8 per cent, to $85.92 a barrel.
