Petrol and diesel continued to maneuver upwards for the ninth-consecutive day and contact new highs throughout the nation on Wednesday, February 17, 2021. The retail worth of normal petrol hit the three-figure mark for the primary time throughout the nation when it was hiked by 26 paise to Rs 100.13 a litre in Rajasthan’s Sri Ganganagar, whereas diesel acquired dearer by 27 paise to Rs 92.13, in line with the information out there in Indian Oil Corporation’s web site.
Following as we speak’s worth revision, petrol within the nationwide capital is now retailing at Rs 89.54 a litre whereas diesel is promoting at Rs 79.95. In the monetary capital Mumbai, petrol worth now stands at Rs 96.00 whereas diesel prices Rs 86.98.
Fuel costs fluctuate from state to state and taxes are levied on them by each central in addition to the state governments. Rajasthan, which levies the best VAT on gas within the nation, had the best petrol and diesel costs. Late final month, it had lower VAT on petrol and diesel by 2 per cent.
Despite this, the state has the best VAT at 36 per cent plus Rs 1,500 per kilolitre street cess on petrol. On diesel, Rajasthan levies 26 per cent and Rs 1,750 per kl street cess, information company PTI reported earlier this week.
Last week, Petroleum Minister Dharmendra Pradhan in a reply in Rajya Sabha had stated that authorities was not at present taking a look at slicing taxes on petrol and diesel.
The auto gas costs are revised each day consistent with benchmark worldwide worth and overseas change charges.
In the worldwide market, oil costs fell in early commerce on Wednesday because the US greenback climbed, retreating after a two-day rally that was pushed by an Arctic blast curbing output from oil and gasoline fields in Texas, the nation’s greatest oil-producing state, information company Reuters reported earlier within the day.
US West Texas Intermediate (WTI) crude futures gave up 33 cents (0.6 per cent) to $59.72 a barrel at 0140 GMT, retreating from a 13-month excessive of $60.95 hit on Tuesday. Brent crude futures dropped 40 cents (0.6 per cent) to $62.95 a barrel, coming off three days of good points, the report stated.
Here’s what you pay for a litre of petrol and diesel in your metropolis on Wednesday, February 17, 2021:
City
Petrol (Rs/litre)
Diesel (Rs/litre)
Sri Ganganagar
100.13
92.13
New Delhi
89.54
79.95
Mumbai
96.00
86.98
Kolkata
90.78
83.54
Chennai
91.68
85.01
Bengaluru
92.54
84.75
Hyderabad
93.10
87.20
Patna
91.91
85.18
Jaipur
96.01
88.34
Lucknow
88.06
80.33
Thiruvananthapuram
91.42
85.93
Source: Indian Oil Corporation