New Rate List Issued For Petrol, Diesel Price: Check Latest Price Of Fuel And Crude Oil Here

Petrol and diesel prices continue to remain constant for nearly two months on July 19, 2022. The leading Oil Marketing Companies decide to keep rates unchanged for nearly two months now.

The prices of petrol and diesel remain unchanged ever since finance minister Nirmala Sitharaman declared a cut in excise duty on petrol and diesel. The finance minister announced an excuse duty cut on petrol by Rs 8 per litre and Rs 6 per litre on diesel earlier this year on May 21.

In Delhi the price of petrol is Rs 96.72 per litre while the diesel price is recorded at Rs 89.62 per litre. In Mumbai, the price of one litre of petrol is recorded at Rs 106.31 per litre and diesel price is available at Rs 94.27 per litre.

The prices of petrol and diesel vary all across the states and cities in India due to levy of local taxes such as VAT and freight charges.

Crude Oil Prices

The price of WTI crude as on Monday is $102 per barrel while the price of Brent Crude is $105 per barrel.

It is important to note that public sector oil marketing companies that may include Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) revise prices of fuel everyday in line with benchmark global prices and foreign exchange rates. If any changes in the prices of petrol and diesel occur, it is implemented at 6 AM everyday.

Below are the price of petrol and diesel in these cities:

Chennai: Petrol price: Rs 102.63/litre, Diesel price: Rs 94.24/litre

Bengaluru: Petrol price: Rs 101.94/litre, Diesel price: Rs 87.89/litre

Lucknow: Petrol: Rs 96.57/litre, Diesel: Rs 89.76/litre

Noida: Petrol: Rs 96.57/litre, Diesel: Rs 89.96/litre

Gurugram: Petrol: Rs 97.18/litre, Diesel: Rs 90.05/litre

Chandigarh: Petrol: Rs 96.20/litre, Diesel: Rs 84.26/litre