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Petrol-diesel prices today: Check fuel rates in your city

Petrol, Diesel Today in India, July 14, 2022: In Delhi, petrol costs Rs 96.72 per litre, while diesel is priced at Rs 89.62 per litre. In Mumbai, petrol retails at Rs 111.35 per litre, while diesel costs Rs 97.28 per litre. Read below to find out fuel rates in your city. 

Petrol Diesel Price Today | Fuel rates TodayFuel Prices Updates in India: A petrol pump in India. (Express Photo by Ganesh Shirsekar)

Fuel Rates in India Today (July 14): Petrol and diesel rates stood the same across the country for the 53rd successive day on Thursday, July 14, 2022.

In Delhi, petrol continues to retail at Rs 96.72 per litre, while diesel remains available for Rs 89.62 per litre. Simultaneously, in Mumbai, a litre of petrol costs Rs 111.35, while that of diesel is available for Rs 97.28.

Excise duty on petrol was reduced by Rs 8 per litre while that on diesel was reduced by Rs 6 in the month of May by Finance Minister Nirmala Sitharaman. As a result, on May 22, the cost of petrol and diesel in the national capital was reduced by Rs 8.69 per litre and Rs 7.05 per litre, respectively.

In India, the price of petrol and diesel varies from state to state depending on freight charges and local taxes (VAT). Additionally, the central government collects an excise tax on the two motor fuels.

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The Center announced an export duty of Rs 6 per litre on petrol and ATF and Rs 13 per litre on diesel earlier this month. It also imposed a cess of Rs 23,250 per tonne (by way of a special additional excise tax) on domestic crude oil being sold to domestic refineries at international parity rates in order to counteract producers’ windfall profits from high oil prices abroad.

The oil marketing companies (OMCs) normally adjust the price of petrol and diesel on a daily basis in accordance with the benchmark fuel’s average price in the international market over the previous 15 days and foreign exchange rates.

In the international market, Brent crude futures for September climbed 68 cents (0.7 per cent) to $100.25 a barrel by 0400 GMT after settling below $100 for the second straight session on Wednesday. US West Texas Intermediate crude for August delivery was at $96.85 a barrel, up 55 cents (0.6 per cent) after rising 46 cents in the previous session, according to Reuters data.

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Petrol and diesel rates in major cities on Thursday, July 14, 2022:

City Petrol (Rs/litre) Diesel (Rs/litre)
New Delhi 96.72 89.62
Mumbai 111.35 97.28
Kolkata 106.03 92.76
Chennai 102.63 94.24
Bengaluru 101.94 87.89
Hyderabad 109.66 97.82
Patna 107.24 94.04
Bhopal 108.65 93.90
Jaipur 108.48 93.72
Lucknow 96.57 89.76
Thiruvananthapuram 107.71 96.52
Source: Indian Oil Corporation

 

First published on: 14-07-2022 at 11:59:43 am
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