On December 9, petrol and diesel prices in India stayed unchanged for the first time in almost a month, with the exception of the national capital. The Delhi government recently declared that the value-added tax (VAT) on gasoline would be reduced. Following the long-awaited tax decrease, petrol in Delhi has dropped by Rs 8 per litre, bringing relief to the common man.

Last month, the central government decided to reduce fuel excise duty in order to bring down skyrocketing costs. On November 3, the Centre slashed the excise duty on petrol and diesel by Rs 5 and Rs 10, respectively. Following this, various states, largely run by the National Democratic Alliance (NDA) and its supporters, declared a cut in VAT on motor fuel, resulting in a significant drop in the price of gasoline and diesel across the country. Punjab and Rajasthan, which are both run by the opposition, later reduced the value-added tax (VAT) on gasoline and fuel. Petrol has fallen below the Rs 100-per-litre barrier in various parts of India as a result of back-to-back tax cuts by the Centre and state governments.

Due to state-imposed VAT, fuel and diesel prices differ from one state to the next in India. A litre of petrol in Delhi cost Rs 95.41, the lowest price in the National Capital Region. Among the four metro cities, Mumbai had the most costly auto fuel. On Thursday, a litre of petrol was available for Rs 109.98. For a litre of petrol in Chennai, you’ll have to pay Rs 101.40. In Kolkata, car petrol was available for Rs 101.40.

The price of diesel has also dropped significantly as a result of the tax reduction. On Thursday, fuel in Delhi was priced at 86.67 rupees a litre. In the financial capital, a litre of diesel was available for Rs 94.14. In Chennai, a litre of fuel would set you back Rs 91.43. On December 9, the price of diesel in Kolkata was Rs 101.56 a litre.

Oil prices rose further on Thursday, boosted by optimism that the Omicron coronavirus type will have little impact on global economy. At 0201 GMT, US West Texas Intermediate (WTI) crude futures were up 28 cents, or 0.4 percent, to $72.64 a barrel, adding to a previous session gain of 0.4 percent. Brent crude futures increased 22 cents, or 0.3 percent, to $76.04 a barrel on Thursday, following a 0.5 percent advance the day before.

The following are the diesel and petrol prices in several of the country’s largest cities:

Petrol price in Mumbai: Rs 109.98 per litre

Diesel price in Mumbai: Rs 94.14 per litre

Petrol price in Delhi: Rs 95.41 per litre

Diesel price in Delhi: Rs 86.67 per litre

Petrol price in Chennai: Rs 101.40 per litre

Diesel price in Chennai: Rs 91.43 per litre

Petrol price in Kolkata: Rs 104.67 per litre

Diesel price in Kolkata: Rs 89.79 per litre

Petrol price in Bhopal: Rs 107.23 per litre

Diesel price in Bhopal: Rs 90.87 per litre

Petrol price in Hyderabad: Rs 108.20 per litre

Diesel price in Hyderabad: Rs 94.62 per litre

Petrol price in Bengaluru: Rs 100.58 per litre

Diesel price in Bengaluru: Rs 85.01 per litre

Petrol price in Chandigarh: Rs 100.12 per litre

Diesel price in Chandigarh: Rs 86.46 per litre

Petrol price in Japiur: Rs 107.06 per litre

Diesel price in Jaipur: Rs 90.07 per litre

Petrol price in Gurgaon: Rs 95.90 per litre

Diesel price in Gurgaon: Rs 87.11 per litre

Petrol price in Raipur: Rs 101.11 per litre

Diesel price in Raipur: Rs 92.33 per litre

Diesel price in Guwahati: Rs 81.29 per litre

Petrol price in Guwahati: Rs 94.58 per litre

Petrol price in Lucknow: Rs 95.28 per litre

Diesel price in Lucknow: Rs 86.80 per litre

Petrol price in Ahmedabad: 95.13 per litre

Diesel price in Ahmedabad: Rs 89.12 per litre

The Shining Media

The Shining Media is an independent news website and channel, covering updates from the world of Politics, Entertainment, Sports, International, National, and a lot more.

By The Shining Media

The Shining Media is an independent news website and channel, covering updates from the world of Politics, Entertainment, Sports, International, National, and a lot more.

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