Petrol and diesel prices today: Petrol and diesel prices were unchanged on Wednesday, December 8. 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, gasoline 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.
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 fell, reversing gains from the start of the week, as investors tried to gauge the full impact of the Omicron coronavirus variant on global fuel demand and the efficiency of its fuels. vaccines are available. Brent oil futures fell 25 cents, or 0.3%, to $75.19 a barrel, after being 3.2% higher on Tuesday. US West Texas Intermediate crude was at $71.86 a barrel, down 19 cents, or 0.3%, after gaining 3.7% in the previous session.
https://www.ndtv.com/business/petrol-and-diesel-prices-today-december-8-2021-petrol-diesel-rates-remain-unchanged-see-rates-2641695 Petrol and diesel prices remained unchanged. View rate