Petrol, Diesel Rates Unchanged On Wednesday; Petrol Nears Rs 108 In Mumbai

In Delhi, petrol prices were steady at Rs 101.84 per litre and diesel rates were unchanged at Rs 89.87 per litre, according to Indian Oil Corporation

Petrol, Diesel Rates Unchanged On Wednesday; Petrol Nears Rs 108 In Mumbai

Fuel Prices: Domestic petrol and diesel prices vary across states due to value added tax (VAT).

Petrol, Diesel Price Today: Petrol and diesel prices remained unchanged across the four metro cities for the fourth consecutive day on Wednesday, July 21. In Delhi, petrol prices were steady at Rs 101.84 per litre and diesel rates were unchanged at Rs 89.87 per litre, according to Indian Oil Corporation. In Mumbai, the petrol prices stood at Rs 107.83 per litre and diesel was at Rs 97.45. (Also Read:How To Check Latest Petrol And Diesel Rates In Your City). 

Currently, among the four metros, petrol and diesel prices are the highest in Mumbai, according to the state-run oil refiner. Fuel rates vary across the states in India due to value-added tax. 

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

CityPetrolDiesel
Delhi101.8489.87
Mumbai107.8397.45
Chennai102.4994.39
Kolkata102.0893.02
Source: Indian Oil

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

Meanwhile, oil prices fell on Wednesday after an industry report showed an unexpected build-up in U.S oil inventories last week, which heightened worries about a resurgence in COVID-19 infections potentially dampening fuel demand.

U.S West Texas Intermediate (WTI) crude futures dropped 35 cents, or 0.5 per cent, to $66.85 a barrel and brent crude futures fell 32 cents, or 0.5 per cent, to $69.03 a barrel.