Petrol Rate Today, Diesel Rate Today: Petrol and diesel costs remained unchanged throughout the nation for the 61st consecutive day on Friday, July 22, 2022.
In Delhi, petrol is accessible for Rs 96.72 per litre, whereas diesel prices Rs 89.62. In Mumbai, petrol retails at Rs 106.31 per litre, whereas diesel is priced at Rs 94.27.
Petrol and diesel costs in Maharashtra have been modified final week, following the state authorities’s announcement to cut back the worth added tax (VAT) on petrol and diesel, by Rs 5 and Rs 3, respectively. As a outcome, the subsequent day, petrol and diesel costs have been minimize by Rs 5.04 and Rs 3.01 per litre, respectively, in Mumbai.
Petrol and diesel charges fluctuate from state to state, relying on the native taxes (VAT) and freight costs. Additionally, the 2 motor fuels are topic to excise obligation imposed by the Centre.
The oil advertising and marketing firms (OMCs) normally alter petrol and diesel charges every day, relying on the benchmark gas’s common value over the earlier 15 days within the worldwide market, in addition to international trade charges.
On Wednesday, the Centre lowered the export obligation on ATF by two rupees per litre, to Rs 4, and scrapped the Rs 6 per litre export obligation on petrol. Besides this, the federal government additionally lowered the export obligation on diesel by Rs 2 to Rs 11 per litre. Also, the extra cess on domestically produced crude oil, which was earlier Rs 23,250 per tonne, was lowered to Rs 17,000 per tonne.
In the worldwide market, Brent crude futures rose $1.51, (15 per cent), to $105.37 a barrel by 0310 GMT, whereas US West Texas Intermediate (WTI) crude futures gained $1.34 (1.4 per cent), to $97.69 a barrel, as per Reuters knowledge.
Here’s what you pay for a litre of petrol and diesel in your metropolis on Friday, July 22, 2022:
City
Petrol (Rs/litre)
Diesel (Rs/litre)
New Delhi
96.72
89.62
Mumbai
106.31
94.27
Kolkata
106.03
92.76
Chennai
102.63
94.24
Bengaluru
101.94
87.89
Hyderabad
109.66
97.82
Patna
107.24
94.04
Bhopal
108.65
93.90
Jaipur
108.48
93.72
Lucknow
96.57
89.76
Thiruvananthapuram
107.71
96.52
Source: Indian Oil Corporation
