Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Prices of Petrol and Diesel stay unchanged for the ninth consecutive day. The cost of petrol and diesel has been the exact same across key cities because prices fell on March 30, 2021. Nation Capital Delhi was quoting a petrol cost of Rs 90.56 per litre, diesel in the city was priced at Rs 80.87 per litre. Fuel rates stay the highest in Mumbai at Rs 96.98 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 price is the highest across key cities today at Rs 96.98 per litre whilst Diesel in the country’s economic capital charges Rs 87.96 per litre. The divergence in rates in between Delhi and Mumbai is owing to various rates in various cities. Petrol and Diesel rates are fixed on the basis of freight charges, nearby taxes, and VAT. Currently, the base cost of petrol is Rs 32.79 per litre followed by a freight charge of Rs .28 per litre. The dealer is charged 33.07 per litre for petrol to which Rs 32.90 per litre excise duty is added, along with dealer commission of Rs 3.69, and VAT of Rs 20.90 per litre. This tends to make the final cost of petrol in Delhi Rs 90.56 per litre.
Petrol, diesel rates in Chennai, Kolkata, Bengaluru, Hyderabad, UP, Punjab, Haryana, Pune
Chennai: Petrol rates – Rs 92.58 per litre Diesel rates – Rs 85.88 per litre
Kolkata: Petrol rates – Rs 90.77 per litre Diesel rates – Rs 83.75 per litre
Pune: Petrol rates – Rs 96.62 per litre Diesel rates – Rs 86.27 per litre
Bengaluru: Petrol rates – Rs 93.59 per litre Diesel rates – Rs 85.75 per litre
Hyderabad: Petrol rates – Rs 94.16 per litre Diesel rates – Rs 88.20 per litre
Noida (UP): Petrol rates – 88.91 per litre Diesel rates – Rs 81.33 per litre
Mohali (Punjab): Petrol rates – Rs 92.77 per litre Diesel rates – 83.72 per litre
Chandigarh: Petrol rates 87.14 per litre Diesel rates – Rs 80.57 per litre
Gurugram (Haryana): Petrol rates – Rs 88.52 per litre Diesel rates – Rs 81.45 per litre
Crude Oil cost falls
Crude oil rates slipped once again as coronavirus situations continue to rise across the globe and OPEC+ decided to raise output in the coming months. US WTI crude traded at $59.39 per barrel, down .6%. Brent crude was also down .6% at $62.80 per barrel, according to Reuters. “After another whippy session as the market continues to digest the competing narrative of US growth and Europe’s vaccine catch-up recovery versus the uncertain supply conditions,” mentioned Stephen Innes, Chief Global Market Strategist at Axi. “The third and fourth wave virus outbreaks in Europe and parts of Asia, notably India, have elevated lockdown concerns that continue to weigh in the market’s topside ambitions hitting the prompt demand outlooks,” he added.