Petrol and diesel value at the moment: Prices of petrol and diesel eased throughout the nation on Tuesday, August 24, 2021, after remaining regular for a day. In the nationwide capital, the petrol value fell 15 paise whereas that of diesel slipped 15 paise.
Following the most recent value revision, petrol in Delhi is now retailing at Rs 101.49 a litre whereas diesel is promoting at Rs 88.92. In the monetary capital Mumbai, petrol value now stands at Rs 107.52 whereas diesel prices Rs 96.48, knowledge out there on Indian Oil Corporation’s web site confirmed.
This marks the second lower in petrol costs in August whereas diesel charges have been lowered on 5 situations. In July, petrol costs have been hiked 9 occasions whereas diesel charges have been raised on 5 events and lower on one event. In June, each the auto gas costs have been hiked on 16 events, which adopted the 16 hikes within the month of May after the oil advertising and marketing corporations (OMCs) resumed their value revisions ending an 18-day hiatus that coincided with the meeting elections in key states. Since May 4, petrol value has elevated by Rs 11.09 per litre and diesel has climbed by Rs 8.19 in New Delhi.
Auto gas costs within the nation differ from state to state relying on the native taxation (VAT) and freight fees. Apart from this, the central authorities fees an excise responsibility on auto fuels.
OMCs revise charges of petrol and diesel day by day primarily based on the typical value of benchmark gas within the worldwide market within the previous 15-days and international trade charges.
In the worldwide market, oil costs rose on Tuesday after the US drug regulator granted full approval to the Pfizer Inc/BioNTech SE COVID-19 vaccine, stoking investor hopes that greater gas demand would observe a possible rise in US coronavirus vaccination charges, information company Reuters reported.
Brent crude oil futures have been up 46 cents (0.7 per cent) to $69.21 a barrel by 0648 GMT, whereas US West Texas Intermediate (WTI) had gained 34 cents (0.5 per cent) to $65.98, the report stated.
Here’s what you pay for a litre of petrol and diesel in your metropolis on Tuesday, August 24, 2021:
City
Petrol (Rs/litre)
Diesel (Rs/litre)
New Delhi
101.49
88.92
Mumbai
107.52
96.48
Kolkata
101.82
91.98
Chennai
99.20
93.52
Bengaluru
104.98
94.34
Hyderabad
105.54
96.99
Patna
103.99
94.75
Bhopal
109.91
97.72
Jaipur
108.42
98.06
Lucknow
98.56
89.29
Thiruvananthapuram
103.69
95.68
Source: Indian Oil Corporation