Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Lucknow: Petrol, diesel prices continue to remain unchanged on Friday (31 December) across the country. Petrol rate in Delhi is Rs 95.41 per litre while diesel is priced at Rs 86.67 per litre. In Mumbai, a litre of petrol and diesel is retailing at Rs 109.98 and Rs 94.14, respectively. The Jharkhand government, however, announced a huge cut in petrol prices for two-wheelers on Wednesday, and the new prices will be implemented from January 26, 2022. According to state government’s statement, the concession will be given for 10 litres of petrol for every month. Fuel prices have been stable since the central government cut excise duty to bring down retail rates from record highs.
Public sector oil marketing companies (OMCs) including Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL) and Hindustan Petroleum Corporation Ltd (HPCL) revise the fuel prices daily in line with benchmark international price and foreign exchange rates. OMCs have neither raised nor reduced petrol and diesel rates in last one-and-a-half months even as international oil prices remained volatile with benchmark Brent crude plunging below $70 a barrel on November 30 from $84.78 on November 9.
