Petrol and diesel worth in the present day: Prices of petrol and diesel remained unchanged throughout the nation on Friday, July 16, 2021. Petrol had touched a contemporary document excessive on July 15, when it rose by 35 paise per litre whereas diesel inched 15 paise within the nationwide capital.
The worth of petrol in Delhi stands at Rs 101.54 per litre whereas that of diesel is at Rs 89.87. In Mumbai, petrol at the moment prices Rs 107.54, whereas diesel is retailing at Rs 97.45, knowledge obtainable on Indian Oil Corporation’s web site confirmed.
So far in July, petrol costs have been hiked eight instances whereas diesel charges have witnessed an increase on 5 events and a reduce on one event. During the month of June, each the auto gasoline costs have been hiked on 16 events, which adopted the 16 hikes within the month of May after the oil advertising and marketing firms (OMCs) resumed their worth revisions ending an 18-day hiatus that coincided with the meeting elections in key states. During this era, petrol worth has elevated by Rs 11.14 per litre and diesel has climbed by Rs 9.14 in New Delhi.
Following the hikes since May 4, the worth of petrol has crossed the Rs 100-per-litre mark throughout many locations in no less than 19 states and union territories together with Rajasthan, Madhya Pradesh, Maharashtra, Andhra Pradesh, Telangana, Ladakh, Karnataka, Jammu and Kashmir (J&Ok), Odisha, Tamil Nadu, Bihar, Kerala, Punjab, Sikkim, Puducherry, Delhi and West Bengal, Uttar Pradesh and Haryana.
Since May final yr, petrol worth has jumped by Rs 31.95 a litre and diesel by Rs 27.58, in keeping with a PTI report. The authorities had raised excise responsibility on the 2 auto fuels final yr to recoup positive aspects arising from a droop in worldwide oil costs.
In India, the gasoline costs differ from state to state relying on the native taxation (VAT) and freight expenses. Apart from this, the central authorities expenses an excise responsibility on auto fuels.
The OMCs revise charges of petrol and diesel every day primarily based on the common worth of benchmark gasoline within the worldwide market within the previous 15-days, and overseas alternate charges.
In the worldwide market, oil costs modified little on Friday, heading for his or her largest weekly drop since March after provide considerations spooked traders, with OPEC possible so as to add extra barrels amid expectations that demand is returning as extra international locations get well from the pandemic, Reuters reported earlier in the present day.
Brent crude for September was down 2 cents at $73.45 a barrel by 0338 GMT and is heading for a 3 per cent fall this week after two days of heavy declines. US crude for August fell 1 cent to $71.64 a barrel, and is on monitor for a decline of about 4 per cent this week, the report mentioned.
Here’s what you pay for a litre of petrol and diesel in your metropolis on Friday, July 16, 2021:
City
Petrol (Rs/litre)
Diesel (Rs/litre)
New Delhi
101.54
89.87
Mumbai
107.54
97.45
Kolkata
101.74
93.02
Chennai
102.23
94.39
Bengaluru
104.94
95.26
Hyderabad
105.52
97.96
Patna
103.91
95.51
Bhopal
109.89
98.67
Jaipur
108.40
99.02
Lucknow
98.63
90.26
Thiruvananthapuram
103.52
96.47
Source: Indian Oil Corporation