Petrol, Diesel Prices Today: Fuel costs had been unchanged for the fifth consecutive day on Monday throughout metro cities after being hiked 14 instances in 20 days. In Delhi, a litre of petrol prices Rs 105.41, whereas diesel is offered at Rs 96.67 per litre.
In Mumbai, petrol is retailed at Rs 120.51 per litre, whereas diesel is offered at Rs 104.77 per litre. Fuel costs are the best in Mumbai amongst all 4 metro cities. The costs differ throughout the states attributable to value-added tax (VAT).
Fuel charges had been held regular for over 4 months regardless of the spike in crude oil costs. The charge revision had ended on March 22. In all, petrol and diesel costs have gone up by Rs 10 per litre, respectively, after 14 charge revisions.
(Also Read: How To Check Latest Petrol And Diesel Rates In Your City).
Here are the petrol and diesel worth throughout the metro cities:
Moody’s Investors Services had said that state retailers collectively misplaced round $2.25 billion (Rs 19,000 crore) in income for maintaining petrol and diesel costs on maintain in the course of the election interval.
The charges had been saved on maintain amid the meeting elections in Uttar Pradesh, Punjab, Uttarakhand, Goa and Manipur.
State-run oil refiners reminiscent of Indian Oil, Bharat Petroleum, and Hindustan Petroleum revise the gasoline charges each day, by bearing in mind the crude oil costs within the worldwide markets, and the rupee-dollar trade charges. Any modifications in petrol and diesel costs are applied with impact from 6 am each day.
India is 85 per cent depending on imports to fulfill its oil wants and, the home petrol and diesel costs are linked to worldwide charges.
Globally, oil costs slipped $2 a barrel right now, following a second straight weekly decline after world customers introduced plans to launch a report quantity of crude and different merchandise from strategic shares and as China lockdowns continued. Brent crude fell $2.04, or 2 per cent, to $100.74 a barrel, whereas U.S. West Texas Intermediate crude misplaced $1.94, or 2 per cent, to $96.32.