Prices of petrol and diesel rose for the fourth consecutive day throughout the nation on Friday, February 12, 2021. In Delhi, the worth of petrol was hiked by 29 paise a litre, whereas diesel acquired dearer by 35 paise.
Following at this time’s value hike, petrol now prices Rs 88.14 a litre within the nationwide capital whereas diesel is out there for Rs 78.38. In Mumbai, petrol value now stands at Rs 94.64 whereas diesel is retailing at Rs 85.32. Fuel costs are retailing at their report excessive ranges at current within the nation.
Petrol and diesel costs range from state to state and taxes are levied on them by each central in addition to the state governments. Recently Dharmendra Pradhan, Union Minister for Petroleum and Natural Gas, in a reply to a query in Rajya Sabha mentioned that authorities just isn’t presently chopping taxes on petrol and diesel.
Generally, the gas costs are revised each day consistent with benchmark worldwide value and international trade charges.
Globally, oil costs fell a second day on Friday, extending losses after OPEC reduce its demand forecast and the International Energy Agency mentioned the market was nonetheless over-supplied, information company Reuters reported.
Brent crude was down 47 cents (0.8 per cent) at $60.67 a barrel by 0309 GMT, having dropped half a p.c the earlier session. US oil was down 53 cents (0.9 per cent) at $57.71 a barrel, after falling by 0.8 per cent on Thursday. Both benchmarks closed on Wednesday at their highest ranges since January 2020 after an almost record-setting run of consecutive every day features, the report mentioned.
Here’s what you pay for a litre of petrol and diesel in your metropolis on Friday, February 12, 2021:
City
Petrol (Rs/litre)
Diesel (Rs/litre)
New Delhi
88.14
78.38
Mumbai
94.64
85.32
Kolkata
89.44
81.96
Chennai
90.44
83.52
Bengaluru
91.09
83.09
Hyderabad
91.65
85.50
Patna
90.55
83.58
Jaipur
94.55
86.65
Lucknow
86.99
78.75
Thiruvananthapuram
90.02
84.28
Source: Indian Oil Corporation
