Petrol, Diesel Prices Today: Petrol and diesel prices remained unchanged on Friday, December 24, 2021. Earlier, the Delhi government had reduced the value-added tax on petrol from 30 per cent to 19.40 per cent. As a result, petrol prices in the national capital were slashed by Rs 8.56 per litre. A litre of petrol now costs Rs 95.41 in Delhi, while diesel rates -- which were kept unchanged -- stood 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. (Also Read: How To Check Latest Petrol And Diesel Rates In Your City).
Here are the petrol and diesel price across the metro cities:
| City | Petrol | Diesel |
|---|---|---|
| Delhi | 95.41 | 86.67 |
| Mumbai | 109.98 | 94.14 |
| Chennai | 101.40 | 91.43 |
| Kolkata | 104.67 | 89.79 |
| Source: Indian Oil | ||
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 fell today in thin, holiday trade after a three-day rally, with investors trying to gauge the Omicron coronavirus variant's impact on demand. Brent crude future slid 29 cents, or 0.4 per cent to $76.56 a barrel, following a 2.1 per cent gain in the previous session. Oil rates have recovered this week as fears over the impact of highly infectious Omicron variant on the global economy receded.
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