Petrol, Diesel Rates Steady On Tuesday

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 third consecutive day on Monday July 20. 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:

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 stabilised on Tuesday after slumping around 7 per cent in the previous session amid a broader market retreat, led by concerns about a resurgence of COVID-19 infections, which came just as producers inked a new supply deal.

Brent crude gained 38 cents, or 0.6 per cent, to $69.00 a barrel and U.S crude contract for August delivery, which expires later on Tuesday, was up 49 cents, or 0.7 per cent, at $66.91 a barrel. U.S crude for September delivery was up around 1 per cent at $66.99 a barrel.