Fuel prices across Indian cities remained largely constant on Sunday. Major cities like Delhi, Mumbai, Kolkata and Chennai witnessed no change in the prices of petrol and diesel.
In Delhi, a litre of petrol and diesel is being sold at ₹96.72 and ₹89.62 respectively.
{{^htLoading}} {{/htLoading}}
In Delhi, a litre of petrol and diesel is being sold at ₹96.72 and ₹89.62 respectively. In Mumbai, a litre of petrol continued to retail at above ₹100 at ₹106.31, while diesel stands at ₹94.27. In Kolkata, citizens must pay ₹106.03 for one litre of petrol, and ₹102.63 in Chennai. To buy one litre of diesel in these cities, customers will have to pay ₹92.76 and ₹94.24, respectively.
The petrol and diesel rates for each day, whether new or unchanged, are announced at 6 am on the day. These, however, vary from state to state due to value-added tax (VAT), freight charges, local taxes, etc.. The petrol price in Delhi is ₹96.72 per litre on July 16, while the diesel rate stands at ₹89.62/litre.
{{^htLoading}} {{/htLoading}}
{{^usCountry}}
Fuel rates have stayed the same since May 2022, when the central government and several states had cut fuel taxes.
{{/usCountry}}
{{#usCountry}}
Fuel rates have stayed the same since May 2022, when the central government and several states had cut fuel taxes.
{{/usCountry}}
In India, oil marketing companies (OMCs) – Bharat Petroleum, Hindustan Petroleum, and Indian Oil – revise petrol and diesel prices, which are announced at 6am daily - irrespective of whether its constant or unchanged..
City
Petrol price (per litre)
Diesel price (per litre)
Bengaluru
₹101.94
₹87.89
Chandigarh
₹96.20
₹84.26
Gurugram
₹97.10
₹89.96
Hyderabad
₹109.66
₹97.82
Jaipur
₹108.08
₹93.36
Lucknow
₹96.57
₹89.76
Noida
₹96.53
₹89.71
Oil prices fell more than a dollar a barrel on Friday as the dollar strengthened and oil traders booked profits from a strong rally, with crude benchmarks recording their third-straight weekly gain. Oil prices gained nearly 2% on a weekly basis, after supply disruptions in Libya and Nigeria heightened concerns that the markets will tighten in coming months. Russian oil exports have also decreased significantly and, if this trend continues next week, it would probably drive prices up further.
Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.
Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.
Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.
Home/Business/Petrol and diesel prices on July 16: Check latest rates in your city
{{^htLoading}}
Advertisement
{{/htLoading}}
SHARE THIS ARTICLE ON
{{#usCountry}}{{/usCountry}}
Hindustantimes wants to start sending you push notifications. Click allow to subscribe
