Across the country, petrol and diesel prices remained stable on Monday, December 6, 2021. Fuel rates have been stable for over a month after the central government decided to cut down petrol and diesel prices by Rs 5 and Rs 10 respectively by slashing the excise duty on the fuels.
However, last week, the Delhi government reduced value-added tax (VAT) on petrol from 30 per cent to 19.40 per cent. As a result, the petrol price in Delhi was reduced 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.
Fuel rates in other cities:
In Mumbai, the prices of petrol and diesel stood at Rs 109.98 and Rs 94.14 per litre, respectively. The fuel rates are the highest in Mumbai, among all the four metro cities.
In Chennai, petrol costs Rs 101.40 per litre and diesel is available at Rs 91.43 per litre. On the other hand, petrol can be bought at Rs 104.67 per litre in Kolkata and diesel costs Rs 101.56 per litre.
Rajasthan levies the highest VAT in the country, followed by Maharashtra and Madhya Pradesh. In Rajasthan’s Sri Ganganagar, petrol is retailing at Rs 112 per litre and diesel costs Rs 95.26 per litre.
Meanwhile, Port Blair has the cheapest fuel rates, where petrol costs Rs 82.96 per litre and diesel is available at Rs 77.13 per litre.
Petrol and diesel prices in major Indian cities:
|CITY||PETROL (PER LITRE)||DIESEL (PER LITRE)|
|DELHI||Rs 95.41||Rs 86.67|
|MUMBAI||Rs 109.98||Rs 94.14|
|KOLKATA||Rs 104.67||Rs 101.56|
|CHENNAI||Rs 101.40||Rs 91.43|
|HYDERABAD||Rs 108.20||Rs 94.62|
|BANGALORE||Rs 100.58||Rs 85.01|
State-run oil refiners such as Indian Oil, Bharat Petroleum, and Hindustan Petroleum revise fuel rates on a daily basis, by taking into account the crude oil prices in the international markets, and the rupee-dollar exchange rates.