Petrol, Diesel Prices Today: Petrol and diesel prices remained unchanged on Monday, December 27, 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 were mixed, with Brent edging up while U.S. crude futures slipped after airlines called off thousands of flights in the United States over Christmas holidays amid surging Covid-19 infections. U.S. West Texas Intermediate crude futures fell 41 cents, or 0.6 per cent, to $73.38 a barrel. The contract did not trade on Friday because U.S. markets were closed for the Christmas holiday. Brent crude rose 40 cents, or 0.5 per cent, to $76.54 a barrel after settling down 0.92 per cent on Friday.
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