Petrol, Diesel Price July 8, 2022: Check Today's Fuel Rates Here

Petrol and diesel prices stay constant for third straight month as Oil Marketing Companies (OMCs) decide to keep the price steady. In Delhi, prices of petrol remain at 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 111.35 per litre and diesel price is available at Rs 97.28 per litre.

It is worth noting that the prices of LPG was raised by Rs 50 per cylinder, 8th rise so far in the last one year. Now the non-subsidised LPG will cost Rs 10553 per 14.2 kg cylinder in Delhi, according to state-owned fuel retailers.

Prices of both the fuel petrol and diesel have been same for more than a month ever since finance minister Nirmala Sitharaman declared a cut in excise duty on petrol and diesel. Nirmala Sitharaman declared an excuse duty cut on petrol by Rs 8 per litre and Rs 6 per litre on diesel earlier this year on May 21.

The prices of petrol and diesel vary from state to state as a result of implementation of local taxes such as VAT and freight charges. Despite the high crude oil prices, petrol and diesel rates remain the same.

It is worth noting 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 keeping 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.

Check the price of petrol and diesel in these cities mentioned below:

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