Petrol and diesel prices on July 22: Check latest rates in your city today

Petrol in Delhi was being sold at ₹96.72 per litre while price of diesel stood at ₹89.62 per litre.

Published on: Jul 22, 2023, 09:27:12 IST

By HT News Desk

Prefer HTon Google

Share via

Copy link

Petrol and diesel prices remained unchanged for major Indian cities on Saturday. According to fuel prices revised by oil marketing companies at 6 am, petrol in Delhi was being sold at ₹96.72 per litre while the price of diesel stood at ₹89.62 per litre.

In Mumbai, the price of petrol and diesel stood at ₹106.31 per litre and ₹94.27 per litre respectively. Here are the fuel prices for other major Indian cities on July 22, 2023.

Petrol and diesel prices are revised daily by the oil marketing companies at 6 am (Reuters file)

CITY	PETROL PRICES (Rs/LITRE)	DIESEL PRICES (Rs/LITRE)
KOLKATA	106.03	92.76
CHENNAI	102.63	94.24
LUCKNOW	96.57	89.66
PATNA	107.54	94.04
AHMEDABAD	96,.63	92.17

Petrol and diesel prices are revised daily by the oil marketing companies at 6 am. Earlier, the fuel prices were revised every 15 days. The oil companies like Indian Oil Corporation Limited, Bharat Petroleum and Hindustan Petroleum decide the fuel prices. They are not controlled by the central government and need to adjust their rates as per the global prices.

In India, the government exercises regulation over fuel prices via excise duty. It also regulates the prices through base prices and cap prices at which dealers and OMCs deal with each other.

The fuel prices in India are not under goods and service tax. While the Centre collects excise duty, the state governments collect VAT. Since VAT is different for each state, hence the pricing. Rajasthan levies the highest VAT in the country, followed by Madhya Pradesh and Maharashtra.

ABOUT THE AUTHOR
HT News Desk
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.Read More

Stay updated with the latest Business News on Petrol Price, Gold Rate, Silver Rates, Diesel Prices along with Income Tax Calculator