Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: The oil prices in the country have not been changed on 23 December 2022 and costs have been steady for about seven months now. The last country-wide change in fuel rates was on 21 May this year, when Finance Minister Nirmala Sitharaman slashed excise duty on petrol by Rs 8 per litre and Rs 6 per litre on diesel. In Mumbai, petrol costs Rs 106.31 per litre and diesel is at Rs 94.27 per litre. The petrol price and diesel price in Delhi are at Rs 96.72 and Rs 89.62 per litre, respectively.
Any changes in petrol and diesel costs are implemented from 6 am every day. Public sector OMCs including Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL) and Hindustan Petroleum Corporation Ltd (HPCL) revise their prices daily in line with international benchmark prices and forex rates. The prices of petrol and diesel change state by state, depending upon various criteria such as Value Added Tax (VAT), freight charges, the local taxes, etc.
