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Fuel Prices on July 26: Check petrol, diesel rates in Delhi, Mumbai, and other cities

The government scrapped a three-week-old tax on the export of petrol and cut windfall taxes on overseas shipments of diesel and ATF as well as on domestically produced crude oil after global oil prices fell.

July 26, 2022 / 07:43 AM IST
(Representative image)

(Representative image)

Petrol and diesel prices held steady on July 26, the latest price notification issued by fuel retailers showed. Fuel prices have stayed unchanged for more than a month.

The government scrapped a three-week-old tax on the export of petrol and cut windfall taxes on overseas shipments of diesel and ATF as well as on domestically produced crude oil after global oil prices fell.

Maharashtra chief minister (CM) Eknath Shinde had announced a cut in value added tax (VAT) of Rs 5 per litre for petrol and of Rs 3 per litre for diesel.

The price cut was announced by the CM after a state cabinet meeting on July 14. Deputy CM Devendra Fadnavis hailed the decision as a “great relief to Maharashtrian and Marathi Manus”.

After a VAT cut by the Maharashtra government, petrol in Mumbai is being sold for Rs 106.31 per litre and diesel for Rs 94.27. Petrol in Delhi costs Rs 96.72 and diesel Rs 89.62 a litre. Petrol and diesel are priced at Rs 102.63 and Rs 94.24 respectively in Chennai while in Kolkata petrol costs Rs 106.03 and diesel Rs 92.76.

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Petrol & Diesel Rates Aug 11, 2022

Thursday, 11th August, 2022

Petrol Rate in Mumbai Aug 11, 2022

  • Current Petrol Price Per Litre
    106

Thursday, 11th August, 2022

Diesel Rate in Mumbai Aug 11, 2022

  • Current Petrol Price Per Litre
    94
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Oil marketing companies are reportedly incurring a loss of Rs 13.08 a litre on petrol and Rs 24.09 on diesel. India meets 80 percent of its fuel needs through imports.

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Faizan Javed
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