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Updated on: Tuesday, January 11, 2022, 08:45 AM IST

Petrol, diesel prices kept unchanged: Check fuel rates here

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Petrol and diesel prices remained unchanged in the country on Tuesday.

Earlier, 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.

Accordingly, diesel and petrol prices in Delhi stood at Rs 86.67 per litre and Rs 95.41 per litre on Tuesday, respectively.

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.

Diesel and petrol prices also remained static in Kolkata at Rs 89.79 and Rs 104.67. In Chennai too, they remained unchanged at Rs 91.43 and Rs 101.40.

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.

Across the country as well, the price of the fuel largely remained unchanged on Tuesday but the retail rates varied depending on the level of local level taxes.

Crude oil prices on Monday rose Rs 12 to Rs 5,838 per barrel as participants widened their positions on a firm spot demand. On the Multi Commodity Exchange, crude oil for the February delivery traded higher by Rs 12, or 0.21 per cent, to Rs 5,838 per barrel in 1,411 lots.

Globally, West Texas Intermediate crude oil was trading 0.10 per cent higher at USD 78.98 per barrel, while Brent crude traded 0.16 per cent up at USD 81.88 per barrel in New York.

(With inputs from Agencies)

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Published on: Tuesday, January 11, 2022, 08:45 AM IST
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