Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Prices of Petrol and Diesel remained unchanged for the eighteenth consecutive day across main cities of the nation. Nation Capital Delhi was quoting a petrol price tag of Rs 91.17 per litre whilst Diesel in the city was priced at Rs 81.47 per litre. Fuel costs 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 costs on a every day basis in line with benchmark international price tag and foreign exchange prices.
Mumbai’s petrol price is the highest today at Rs 97.57 per litre whilst Diesel in the country’s economic capital expenses Rs 88.60 per litre. This huge divergence in costs in between Delhi and Mumbai is owing to distinct costs in distinct cities. Petrol and Diesel costs are fixed on the basis of freight charges, neighborhood taxed, and VAT. On Tuesday, the base price tag, paid by the dealer, was Rs 33.26 per litre. Freight charges of Rs .28 per litre have been added to this. Excise Duty on petrol in Delhi stood at Rs 32.90 per litre whilst 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 existing price tag of Petrol in Delhi.
: Diesel sales rise as financial activity picks up
Petrol, diesel costs in Chennai, Kolkata, Bengaluru, Hyderabad, UP, Punjab, Haryana, Pune
Chennai: Petrol costs – Rs 93.11 per litre Diesel costs – Rs 86.45 per litre
Kolkata: Petrol costs – Rs 91.35 per litre Diesel costs – Rs 84.35 per litre
Pune: Petrol costs – Rs 97.21 per litre Diesel costs – Rs 86.90 per litre
Bengaluru: Petrol costs – Rs 94.22 per litre Diesel costs – Rs 86.37 per litre
Hyderabad: Petrol costs – Rs 94.79 per litre Diesel costs – Rs 88.86 per litre
Noida (UP): Petrol costs – 89.38 per litre Diesel costs – Rs 81.91 per litre
Mohali (Punjab): Petrol costs – Rs 87.73 per litre Diesel costs – 81.17 per litre
Chandigarh: Petrol costs 87.73 per litre Diesel costs – Rs 81.17 per litre
Gurugram (Haryana): Petrol costs – Rs 89.11 per litre Diesel costs – Rs 82.05 per litre
Crude Oil slips once more
Crude oil costs have extended their losses for this week. US WTI crude futures fell to trade at $64.75 a barrel. Brent crude, on the other hand, was down .2% to $68.29 per barrel. Prices have been slipping with worries emerging in Europe more than vaccine rollout hitting fuel demand going ahead. Domestically, diesel sales rose 7.4% to 2.84 million tonnes in the very first fortnight of March from a year earlier, preliminary business information showed on Tuesday. “With the much improving economic outlook amid OPEC determination to have inventories draw is far from over. Still, as demand visibly increases and catch up with the sentiment, it will encourage OPEC and other oil producing-nation to ease production curbs,” stated Stephen Innes, Chief Global Market Strategist at Axi.