Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Prices of Petrol and Diesel remained unchanged on March 23. The cost of petrol and diesel across important cities has now remained the similar for 3 consecutive weeks. Nation Capital Delhi was quoting a petrol cost of Rs 91.17 per litre even though Diesel in the city was priced at Rs 81.47 per litre. Fuel rates have been highest in Mumbai a Rs 97.57 per litre for Petrol. Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL) and Hindustan Petroleum Corporation Ltd (HPCL) revise the fuel rates on a everyday basis in line with benchmark international cost and foreign exchange prices.
Mumbai’s petrol expense is the highest today at Rs 97.57 per litre even though Diesel in the country’s monetary capital expenses Rs 88.60 per litre. This huge divergence in rates among Delhi and Mumbai is owing to diverse rates in diverse cities. Petrol and Diesel rates are fixed on the basis of freight charges, regional taxes, and VAT. At present levels the base cost, paid by the dealer, is Rs 33.26 per litre, to this, freight charges of Rs .28 per litre have been added. Excise Duty on petrol in Delhi stood at Rs 32.90 per litre even though the typical dealer commission was at Rs 3.69 per litre. VAT charges on petrol stood at Rs 21.04 per litre. This adds up to the present cost of Petrol in Delhi.
Petrol, diesel rates in Chennai, Kolkata, Bengaluru, Hyderabad, UP, Punjab, Haryana, Pune
Chennai: Petrol rates – Rs 93.11 per litre Diesel rates – Rs 86.45 per litre
Kolkata: Petrol rates – Rs 91.35 per litre Diesel rates – Rs 84.35 per litre
Pune: Petrol rates – Rs 97.21 per litre Diesel rates – Rs 86.90 per litre
Bengaluru: Petrol rates – Rs 94.22 per litre Diesel rates – Rs 86.37 per litre
Hyderabad: Petrol rates – Rs 94.79 per litre Diesel rates – Rs 88.86 per litre
Noida (UP): Petrol rates – 89.38 per litre Diesel rates – Rs 81.91 per litre
Mohali (Punjab): Petrol rates – Rs 93.05 per litre Diesel rates – 84.03 per litre
Chandigarh: Petrol rates 87.73 per litre Diesel rates – Rs 81.17 per litre
Gurugram (Haryana): Petrol rates – Rs 89.11 per litre Diesel rates – Rs 82.05 per litre
Crude Oil rates move reduce
Concerns about a slowdown in vaccine rollout in Europe and renewed lockdown suggestions across some nations pushed crude oil rates reduce. US WTI was trading at $60.94 per barrel even though Brent crude was down at $63.94 per barrel. “Sentiment continues to run cool as Europe seems determined to find a way to trigger another virus surge, consistently aiming at their own feet rather than their citizen’s arms,” stated Stephen Innes, Chief Global Market Strategist at Axi. “Oil prices are not recovering anywhere towards signalling a return of the bulls just yet. Indeed, this could be suggesting the upcoming OPEC meeting as a possible overhanging risk beyond the current roll carry uncertainty,” he added.