Petrol, Diesel Prices Unchanged For 25th Straight Day

 

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 25th consecutive day on Wednesday, August 11, 2021. In the national capital, petrol prices were steady at Rs 101.84 per litre and diesel rates were unchanged at Rs 89.87 per litre, according to the Indian Oil Corporation. In Mumbai, petrol prices stood at Rs 107.83 per litre and diesel is retailed at Rs 97.45 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 on Wednesday consolidated strong overnight gains as a bullish outlook for U.S fuel demand outweighed concerns about mobility curbs in Asia with the spread of the highly infectious COVID-19 Delta variant.

Brent crude futures inched up 3 cents to $70.66 a barrel and West Texas Intermediate (WTI) crude futures rose 6 cents, or 0.1 per cent, to $68.35 a barrel.

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