Image Source : PTI Fuel Prices Today: Petrol nears ₹90 in Delhi, Diesel at ₹80.27 after 10 consecutive hike | Check revised charge
Petrol and diesel value continued to rally northward on Thursday, the tenth consecutive day when its retail costs rose throughout the nation. In Sri Ganganagar city in Rajasthan, regular petrol value has shot up over Rs 100 per litre to face at Rs 100.49 a litre. The world oil market remained agency and costs of each crude and merchandise noticed a giant spike.
Accordingly, oil advertising corporations raised the pump value of petrol by 34 paise and diesel by one other 32 paise per litre in Delhi. With this improve, petrol is now priced at Rs 89.88 a litre and diesel Rs 80.27 a litre within the nationwide capital.
In the final 10 days (since February 9), the worth has gone up by Rs 2.93 per litre for petrol whereas diesel charge has risen by Rs 3.14 a litre.
Across the nation as effectively, the petrol and diesel value improve ranged between 30-35 paise per litre relying on the extent of native taxes on the 2 petroleum merchandise.
In Mumbai, petrol costs is simply Rs 4 per litre brief (Rs 96.32 a litre) of touching the three-digit mark of Rs 100 per litre for the very first time ever. Diesel costs within the metropolis is closing on Rs 90 a litre (Rs 87.32 a litre).
In all different metros, petrol is over Rs 90 a litre mark whereas diesel is effectively over Rs 80 a litre. Premium petrol has crossed Rs 100 per litre mark in a number of cities of Rajasthan, Madhya Pradesh and Maharashtra.
The improve on Thursday has adopted the firming world oil costs (each product and crude) which have maintained document streak of positive factors in previous few days with crude costs crossing $65 a barrel mark.
Since gas costs are benchmarked to a 15-day rolling common of world refined merchandise’ costs and greenback trade charge, pump costs may be anticipated to stay northbound over the subsequent few days even when crude hovers on the present degree.
The petrol and diesel costs have elevated 22 instances in 2021 with the 2 auto fuels rising by Rs 6.17 and Rs 6.40 per litre respectively up to now this yr.
Oil corporations executives mentioned that petrol and diesel costs could improve additional in coming days as retail costs could need to be balanced according to world developments to stop OMCs from making loss on sale of auto fuels.
Also Read: Fuel Prices Today: Petrol touches ₹96-mark in Mumbai, diesel at ₹79.95 in Delhi | Check revised charge
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