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Petrol, Diesel prices today: Fuel rates remain static on January 7

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The fuel rates remain static across major Indian cities on January 7, 2022. On Friday, the state-run oil marketing companies (OMCs) revealed the prices of petrol and diesel, which haven’t been changed for two months.

On November 3 last year, the government cut the excise duty on petrol and diesel by Rs 5 and Rs 10 per litre, respectively, giving a big relief to consumers. Following this, many NDA-rules states slashed the Value-Added Tax (VAT) to further give a respite to customers battered by record-high fuel prices.

In Delhi, petrol is retailing at Rs 95.41 per litre and diesel costs Rs 86.67 per litre. On the other hand, in Mumbai, petrol costs Rs 109.98 per litre and people have to shell out Rs 94.14 for one litre of diesel.

Meanwhile, in Kolkata, the price of per litre of petrol is Rs 104.67, while people have to shell out Rs 89.97 for one litre of diesel. In Chennai, petrol will cost around Rs 101.40 and diesel will cost Rs 91.43 per litre.

Fuel rates are revised by OMCs like Indian Oil, Bharat Petroleum and Hindustan Petroleum based on international prices in the preceding 15 days and foreign stock exchanges. Any changes in petrol and diesel prices are implemented with effect from 6 am every day.

Petrol and diesel prices in major Indian cities:

NEW DELHI Rs 95.41 Rs 86.67
MUMBAI Rs 109.98 Rs 94.14
CHENNAI Rs 101.40 Rs 91.43
KOLKATA Rs 104.67 Rs 89.79
HYDERABAD Rs 108.20 Rs 94.62
BANGALORE Rs 100.58 Rs 85.01


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