Around the world, petrol and diesel are the most commonly used fuels for commercial and personal travel. The price of diesel and petrol in Indian cities keeps fluctuating as they are derived based on the international benchmark fuel prices and the foreign exchange rates. Hence, the petrol and diesel prices in India are revised on a daily basis at 6:00 a.m.
These prices are inclusive of excise duty, value added tax (VAT), and dealer commissions. Now, the VAT may be different in each Indian state, leading to a difference in the prices of petrol and diesel in different states. Thus, it is a good practice to keep a tab on fuel prices.
Also Read: Do States Have Room To Cut VAT On Petrol And Diesel?
Petrol And Diesel Prices Today In Major Metro Cities
The fuel prices in major Indian cities have not changed much in the last few days. Let's take a look at the petrol and diesel prices today i.e., October 7, 2022.
Mumbai - Today, the petrol price in Mumbai is ₹106.31 per litre. Meanwhile, the diesel price in Mumbai is ₹94.27 per litre.
Delhi - The petrol price in Delhi stands at ₹ 96.72 per litre, while the diesel price in Delhi is ₹ 89.62 per litre.
Bangalore - The petrol price in Bangalore today is ₹101.94 per litre. Meanwhile, the diesel price in Bangalore is ₹87.89 per litre.
Hyderabad - The petrol price in Hyderabad today is ₹109.66 per litre, while the diesel price in Hyderabad is ₹97.82 per litre.
Chennai - The petrol price in Chennai today is ₹102.63 per litre, while the diesel price in Chennai is ₹94.24 per litre.
Kolkata – Today, the petrol price in Kolkata is ₹106.03 per litre, while the diesel price in Kolkata is ₹92.76 per litre.
Petrol And Diesel Price Today In Other Major Indian Cities
Now that we have seen the petrol and diesel prices in metro cities, let's take a look at the fuel prices in some other major cities in India.
In India, the public sector oil marketing companies like Indian Oil Corporation Ltd., Bharat Petroleum Corporation Ltd., and Hindustan Petroleum Corporation Ltd. compute and release the petrol and diesel prices every day based on the international brent crude prices and the foreign exchange rates. These rates are released at 6:00 a.m. every day.
Also Read: Why Petrol, Diesel Prices Won't Fall Even As Crude Tumbles
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
