Petrol, Diesel Prices Unchanged On Wednesday; Petrol Above Rs 107 In Mumbai


Fuel Prices: Domestic petrol and diesel prices vary across states due to value added tax (VAT).

Petrol, Diesel Price Today: Petrol and diesel prices remained unchanged across the four metro cities for the eleventh consecutive day on Wednesday, July 28. In the national capital, petrol prices were steady at Rs 101.84 per litre and diesel rates were unchanged at Rs 89.87 per litre, according to Indian Oil Corporation. In Mumbai, petrol prices stood at Rs 107.83 per litre and diesel was retailed at Rs 97.45 per litre. (Also Read:How To Check Latest Petrol And Diesel Rates In Your City). 

Among the four metro cities, petrol and diesel prices are the highest in Mumbai, according to the state-run oil refiner. Fuel rates vary across the states due to value-added tax.

Here are the petrol and diesel price across the metro cities:

Petrol and diesel rates are revised by state-run oil refiners such as Indian Oil, Bharat Petroleum, and Hindustan Petroleum on a daily basis, considering crude oil prices in the international markets and rupee-dollar exchange rates. Any changes in fuel prices are implemented with effect from 6 am every day. 

Meanwhile, oil prices held steady on Tuesday ahead of the release of U.S inventory data as investors worried that global demand could be dented by surging COVID-19 cases. 

Brent futures slipped 2 cents to settle at $74.48 a barrel, while U.S West Texas Intermediate (WTI) crude fell 26 cents, or 0.4 per cent, to settle at $71.65.

Source link