- Petrol rates kept unchanged for second straight day in metros
- Petrol price at Rs 74.86 per litre in Delhi, diesel at Rs 65.84/litre
- Domestic prices are broadly determined by international crude oil rates
Domestic fuel prices were kept unchanged at existing levels in metros on Sunday, December 8. That marked a second day of no change in the prices of petrol. With effect from 6 am on Sunday, the price of petrol was Rs 74.86 per litre in Delhi and Rs 80.51 per litre in Mumbai, according to notifications from Indian Oil Corporation. The price of diesel remained at Rs 65.84 per litre and Rs 69.06 per litre in the metros respectively. (Also read: How to find out latest petrol price, diesel price on your mobile)
Petrol, Diesel Price In Metros
With effect from 6 am on Sunday, the prices of petrol and diesel (in rupees per litre) in the four metros are as follows:
|City||Petrol Price||Diesel Price|
|(Source: Indian Oil Corporation)|
(Petrol, Diesel Price Today: Domestic fuel prices are determined broadly by crude oil and the rupee-dollar foreign exchange rates)
Currently, domestic petrol and diesel prices are reviewed by oil marketing companies such as state-run Indian Oil Corporation on a daily basis. Any revisions are implemented at the fuel stations with effect from 6 am.
Oil marketing companies - such as state-run Indian Oil Corporation (IOC) - switched to the current system of daily revisions from fortnightly changes in 2017 to reflect any changes in global rates more rapidly. Previously, the companies implemented any changes in fuel prices at fuel stations the 1st and 16th days of every month.