Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Prices of Petrol and Diesel remained unchanged for the seventeenth consecutive day across the nation. Prices had been final revised on February 27 this year, when petrol became costlier by 24 paise and diesel rates moved up by 15 paise. Nation Capital Delhi was quoting a petrol value of Rs 91.17 per litre even though the price of 1-litre diesel was at Rs 81.47. Fuel rates had 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 day-to-day basis in line with benchmark international value and foreign exchange prices.
Mumbai’s petrol price 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 enormous divergence in rates among Delhi and Mumbai is owing to distinctive rates in distinctive cities. Petrol and Diesel rates are fixed on the basis of freight charges, regional taxed, and VAT. The base value, which is paid by the dealer, tends to make up only 36% of the retail petrol prices in Delhi. To this, state VAT is added which adds an additional 23% to the worth and additional central taxes account for 37% of the final fuel value paid by the finish-user. Freight charges and dealer commission (about 3%) are the other elements of the final value. Centre levies Rs 32.90 per litre of excise duty on petrol and Rs 31.80 a litre on diesel.
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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 94.59 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 87.37 per litre Diesel rates – 81.17 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 slips
Crude oil rates slipped on Monday, reversing some gains. Brent Crude futures for May settled at $68.88 per barrel even though the WTI crude value for April was at $65.39 a barrel, according to Reuters. Crude rates have been surging larger in 2021 as financial recovery requires shape and vaccination drives, across the globe, choose up pace. Saudia Arabia has trimmed its provide resulting in rates moving north in 2021. “Oil rallied in Asian trading hours Monday to trade just above USD70 a barrel on robust Chinese data but weakened during the European morning as the market veered risk-off after Germany said they would suspect Astra Zeneca vaccinations,” stated Stephen Innes, Chief Global Market Strategist at Axi.