New oil prices have been released by state-owned oil companies on Friday (July 15, 2022) and petrol-diesel prices have remained stable across the country except Maharashtra. On Thursday, the Maharashtra government had announced to reduce VAT by five rupees on petrol and three rupees on diesel, which has been implemented from today. After this decision of the government, the price of one liter of petrol has come down from Rs 111.35 to Rs 106.31 in Mumbai, the capital of Maharashtra and the price of diesel has come down from Rs 97.28 to Rs 94.27 per liter.
In the country’s capital Delhi, the price of a liter of petrol is Rs 96.72 while the price of diesel is Rs 89.62 per litre. In Chennai, the largest city of South India, the price of a liter of petrol is Rs 102.63 and remains at Rs 94.28 per litre. In Kolkata, a liter of petrol costs Rs 102.63 and diesel costs Rs 92.75 per litre.
Petrol, Diesel Price in Chennai, Kolkata, Bengaluru, Lucknow, Noida, Gurugram
Mumbai: Petrol: Rs 111.35 per litre, Diesel: Rs 97.28 per litre
Delhi: Petrol: Rs 96.72 per litre, Diesel: Rs 89.62 per litre
Chennai: Petrol: Rs 102.63 per litre, Diesel: Rs 94.24 per litre
Kolkata: Petrol: Rs 106.03 per litre, Diesel: Rs 92.76 per litre
Bengaluru: Petrol: Rs 101.94 per litre, Diesel: Rs 87.89 per litre
Lucknow: Petrol: Rs 96.57 per litre, Diesel: Rs 89.76 per litre
Noida: Petrol: Rs 96.79 per litre, Diesel: Rs 89.96 per litre
Gurugram: Petrol: Rs 97.18 per litre, Diesel: Rs 90.05 per litre
Chandigarh: Petrol: Rs 96.20 per litre, Diesel: Rs 84.26 per litre
Public sector oil distribution companies including Bharat Petroleum Corporation Limited (BPCL), Indian Oil Corporation Limited (IOCL) and Hindustan Petroleum Corporation Limited (HPCL) revise fuel prices daily in line with international benchmark prices and foreign exchange rates. Any change in the prices of petrol and diesel is effective from 6 am every day. Retail petrol and diesel prices vary from state to state due to local taxes such as VAT or freight charges.
Crude oil price fall: The brakes have been put on the price of crude oil due to the fear of recession. Raw slipped from its upper level and is trading around $100.