Fuel Prices: Domestic petrol and diesel prices vary across states due to value added tax (VAT).Petrol, Diesel Rates Today: Petrol and diesel prices remained unchanged on Sunday, January 10,aftertouchingan all-time high on Thursday, January 7.The fuel rates were hiked for two straightdays this week, after a hiatus of almost a month.
In the national capital,the price of petrol remained unchanged at Rs84.20 per litre and diesel was at Rs 74.38 per litre, according to Indian Oil Corporation, the country's largest fuel retailer.
In Mumbai, petrol and diesel prices stood atRs 90.83per litre and Rs 81.07 per litre respectively.
(Also Read: How To Check Latest Petrol And Diesel Rates In Your City)CityPetrolDieselDelhi84.2074.38Mumbai90.8381.07Chennai86.9779.72Kolkata85.6877.97Source: Indian OilOil marketing companies - Indian Oil Corporation,Bharat Petroleum, and Hindustan Petroleum align the prices of domestic fuelwith global benchmarks by taking into account alterationsin the foreign exchange rates.
Any changesin fuel prices are implementedwith effect from 6 am every day.
The fuel rates vary from state to state in the country due to the value-added tax or VAT.Meanwhile, oil prices hit their highest level in nearly a year on Friday, gaining 8 per cent on the week, supported by Saudi Arabia's pledge to cut output and strong gains in major equity markets.Brentcrude settled at $55.99 a barrel, climbing $1.61, or 3 per cent, on the day and 8.1 per cent on the week.
West Texas Intermediate crude futures (WTI) closed at $52.24 a barrel, gaining $1.41, or 2.8 per cent, also its highest since late February.
WTI posted a weekly gain of 7.7 per cent.