Petrol and diesel prices remained steady across the metro cities on Monday, January 10, 2022. In December last year, the Delhi government had reduced value-added tax (VAT) on petrol from 30 per cent to 19.40 per cent. With this, petrol prices in the national capital were slashed by ₹ 8.56 per litre.
A litre of petrol costs ₹ 95.41 in Delhi, while diesel rates stand at ₹ 86.67 per litre. In Mumbai, petrol is retailed at ₹ 109.98 per litre, while diesel is being sold at ₹ 94.14 per litre. Among the metro cities, fuel rates are the highest in Mumbai. Fuel prices vary across the states due to value-added tax or VAT.
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.