New Delhi: As investors fled the unpredictable market in a shaky economy, oil prices plummeted on Tuesday to their lowest settlement levels of the year, with Brent ending below $80 per barrel for the second time in 2022. The price of Brent crude futures dropped $3.33 to settle at $79.35 a barrel. WTI crude futures reached their lowest settlement of the year at $74.25 a barrel after dropping $2.68. Despite the hip-hop trend of prices of crude oil in the global markets, petrol and diesel prices have remained largely stable in India. However, the price of gasoline and diesel in India has stayed largely steady since the central government cut the tax charge.
The Center reduced the excise duty on gasoline by Rs 8 per litre and on diesel by Rs 6 per litre in May of this year, which resulted in the last big decrease in fuel prices. In India, the price of gasoline and diesel is updated every midnight based on the global situation. Delhi’s current per-liter prices are Rs 96.72 for gasoline and Rs 89.62 for diesel. (Also Read: WFH but no WFH! IT firms change strategy to let employees work from office)
Here is the price of petrol, and diesel today, i.e. December 07, 2022, in your city:
Faridabad: Petrol- Rs 97.49 per litre, Diesel- Rs 90.35 per litre
Chennai: Petrol- Rs 102.63 per litre, Diesel- Rs 94.24 per litre
Noida: Petrol- Rs 96.79 per litre, Diesel- Rs 90.08 per litre
Chandigarh: Petrol- Rs 96.20 per litre, Diesel- Rs 84.26 per litre
Bhopal: Petrol- Rs 108.65 per litre, Diesel- Rs 93.90 per litre
Kolkata: Petrol- Rs 106.03 per litre, Diesel- Rs 94.10 per litre
Mumbai: Petrol- Rs 106.31 per litre, Diesel- Rs 94.27 per litre
Gurugram: Petrol- Rs 97.18 per litre, Diesel- Rs 90.05 per litre
How to check the Petrol and Diesel prices of your city through SMS?
If your city is not on the list, you can still check petrol, and diesel prices by sitting at home. All you have to do is to send a message from your mobile to 9224992249 with your city code. City codes are available on Indian Oil’s website.