Petrol Prices Unchanged, Diesel Cut For Second Consecutive Day

Petrol, Diesel Price Today: Fuel prices remained unchanged in all the four metros for the 33rd straight day on Thursday, August 19, 2021. However, the diesel prices have been cut by 20 paise across the metros for the second consecutive day. In the national capital, petrol prices were steady at Rs 101.84 per litre, whereas diesel rates were cut by 20 paise from Rs 89.67 per litre to Rs 89.47 per litre, according to Indian Oil Corporation. In Mumbai, the petrol prices stood unchanged at Rs 107.83 per litre, while the revised diesel rates were Rs 97.04 per litre. (Also Read: How To Check Latest Petrol And Diesel Rates In Your City). 

Among the four metro cities, petrol and diesel prices are the highest in Mumbai, according to the state-run oil refiner. Fuel rates vary across the states due to value-added tax (VAT). 

Here are the petrol and diesel price across the metro cities:

State-run oil refiners such as Indian Oil, Bharat Petroleum and Hindustan Petroleum revise fuel rates on a daily basis, considering the crude oil prices in international markets and the rupee-dollar exchange rates. Any changes in petrol, diesel prices are implemented with effect from 6 am each day.

Meanwhile, oil prices were little changed on Wednesday after four straight days of declines, helped by a bigger-than-expected drawdown in U.S crude inventories. 

Brent crude was down 3 cents to $69 a barrel by 10:42 a.m EDT (1442 GMT) and U.S WTI crude oil lost 21 cents to $66.38 a barrel