Petrol and diesel prices today, Feb 21: Check latest fuel rates in your city

Fuel prices remained steady on Tuesday across the country.

Updated on: Feb 21, 2023, 16:46:06 IST

By HT News Desk | Written by Ritu Maria Johny

Prefer HTon Google

Share via

Copy link

Petrol and diesel prices in India stayed steady on Tuesday for the ninth consecutive month according to the notification by fuel retailers.

In Mumbai, petrol is being sold at ₹106.31 while diesel is at ₹94.27 per litre. (File/representative)

In the national capital, the cost of petrol stood at ₹96.72 per litre and diesel at ₹89.62 per litre according to the latest fuel prices released by the oil companies.

In India's financial capital Mumbai, petrol is being retailed at ₹106.31 while diesel is being sold at ₹94.27 per litre. In Chennai, the rate of petrol remained ₹102.63 while the price of diesel was ₹94.24 per litre.

Here is a list of petrol and diesel prices in other cities of the country:

CITY	PETROL PRICE (Rs/LITRE)	DIESEL PRICE (Rs/LITRE)
KOLKATA	106.03	92.76
CHANDIGARH	96.20	84.26
LUCKNOW	96.57	89.76
BENGALURU	101.94	87.89
TRIVANDRUM	107.71	96.52

Following the dynamic pricing method, state-run oil marketing companies (OMCs) like Indian Oil, Hindustan Petroleum and Bharat Petroleum have been revising fuel prices daily at 6 am since 2017. In case of any change, prices are adjusted according to global rates.

The last revision in the fuel rate was on May 22, 2022 when Finance Minister Nirmala Sitharaman announced a cut in the excise duty on petrol by ₹8 per litre and diesel by ₹6 per litre.

During a post-Budget 2023 discussion in Jaipur on Monday, Sitharaman said that petrol and diesel can be brought under the GST ambit if the ‘GST council, which is not governed by any one government but finance ministers of all states, takes the call’.

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, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.